Tesla CEO Elon Musk likened the current AI race to a high-stakes poker game and warned that companies need to spend billions of dollars a year on AI hardware to stay competitive. He revealed that Tesla will spend more than $500 million on Nvidia's AI chips alone this year and may need "billions of dollars" worth of hardware to keep up with its biggest competitors.
Musk posted on the social platform X: "$500 million, this is obviously not a small amount, only equivalent to about 10,000 Nvidia's H100 AI chips." He also said: "Tesla will invest more money in Nvidia hardware this year." To be competitive in the AI space, at least billions of dollars need to be invested every year. ”
Right now, the world's biggest tech companies are scrambling to get as many Nvidia H100 graphics processors as possible. The chip is ** in 2Between $50,000 and $30,000, and even $40,000 on eBay.
Earlier this month, Meta CEO Mark Zuckerberg said that Meta is building a huge GPU inventory with the goal of accumulating a total of 600,000 AI chips by the end of this year, CNMO has learned. The same is true for Tesla, Musk said that in addition to Nvidia, Tesla will also buy AI chips from AMD this year. He has previously said that Tesla is an AI and robotics company, not just a car manufacturer.
Musk's remarks underscore the intensity and urgency of the AI race. With the rapid development of artificial intelligence technology and the continuous expansion of application fields, AI hardware has become an important battlefield for enterprise competition. In this high-stakes poker game, businesses need to invest more and more to stay ahead of the curve.