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

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

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

Now, China has made history by bringing this technology to the public. Last week, China’s National Medical Products Administration authorized NEO for commercial use. Developed by Shanghai-based Neuracle Medical Technology,

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,