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Elon Musk announces Terafab project he claims will be the 'largest chip manufacturing facility ever'

Elon Musk announced the Terafab project, a joint venture between Tesla, SpaceX, and xAI, aiming to build the largest chip manufacturing facility ever. The project, estimated to cost at least $20 billion, will produce a terawatt of computing power annually to meet the companies' growing chip demands for terrestrial applications like Full Self-Driving and Optimus robots, as well as high-powered chips for space.

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