Intel joins Musk’s Terafab AI chip project to power humanoid, data centre goals

Intel said on Tuesday it will join Elon Musk’s Terafab AI chip complex project with SpaceX and Tesla to make processors powering the tech billionaire’s robotics and data center ambitions.

Intel’s shares jumped more than 2% after the announcement. The company also posted a photo of CEO Lip-Bu Tan and Musk shaking hands, saying it hosted the world’s richest man at its campus the past weekend.

The announcement comes months after ‌Musk laid out ⁠plans for Tesla ⁠to build a massive artificial-intelligence chip fab to power the EV-maker’s autonomous ambitions, and suggested the company could work with Intel.