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Elon Musk says Tesla will spend 'well over' $1 billion on Dojo supercomputer

  • Tesla plans to spend well over $1 billion by the end of 2024 on building an in-house supercomputer called Project Dojo to improve its autonomous driving capabilities.
  • The funds will be used to process data and video to train Tesla's neural net, with a focus on training it using data from millions of vehicles.
  • The investment in Dojo, split between R&D and capital spending, is essential for Tesla's goal of achieving full autonomy and staying at the forefront of AI development.
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