Elon Musk’s companies, including Tesla and xAI, have heavily invested in Nvidia’s technology for advanced AI development. At the Nvidia GTC 2024 conference, xAI demonstrated how Nvidia GPUs improve their AI chatbot model. Tesla is also developing AI software for autonomous driving and humanoid robots, with a significant focus on AI and robotics from Musk. Nvidia’s market valuation has surpassed $2 trillion due to the increasing demand for its GPUs and associated hardware and services. Tesla’s AI projects heavily rely on Nvidia, with plans to invest over $500 million in Nvidia hardware for their Dojo supercomputer.
