Elon Musk unveiled Terafab, a Texas chip initiative linking Tesla, SpaceX, and xAI in a new push for more control over AI hardware.

It's a joint venture between Musk's companies Tesla, XAI, and SpaceX to build the largest chip manufacturing facility ever in Austin, Texas.

That’s according to Elon Musk, at least. In recent months, the tech tycoon has been pushing the idea of “sustainable abundance” — or, the more appealingly named, “amazing abundance.” He claims that with the rise of artificial intelligence,

Elon Musk predicts a future where everyone could have high-paying jobs, here’s what that really means, how AI will reshape work, and what it means for your future.

Elon Musk has unveiled an ambitious new initiative, the Terafab, aimed at transforming chip