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James Altucher: With One Merger and One Factory, Elon Musk Now Controls Nearly Every Layer of Artificial Intelligence
James Altucher’s presentation claims Elon Musk has consolidated his ventures into a single AI empire. Musk merged his AI firm xAI with SpaceX, creating the largest private merger, and now owns rockets, launch sites, satellites, and AI software. To eliminate dependence on Nvidia, Musk announced Terafab, a planned chip factory that could cost up to $119 billion and produce chips purportedly two to three times more powerful than Nvidia’s best at a tenth of the price. Altucher argues [...]