Tesla to Spend Over $1 Billion on Nvidia and AMD Chips to Power AI and Autonomous Driving
- Tesla plans to spend over $1 billion on Nvidia H100 GPUs for AI this year
- Tesla will also buy AMD Instinct MI300X chips for AI training and inference
- Additional Dojo supercomputers with Nvidia/AMD hardware coming soon
- Dojo systems used to develop autonomous vehicle technology
- Tesla aiming to remain competitive in artificial intelligence space