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News on Medial
Tesla’s Dojo supercomputer is DOA — now what?
The Verge
·
11h ago
Medial
Tesla's Dojo supercomputer project has been disbanded after key talent, including project leader Peter Bannon, left to join another AI venture. The departure follows similar exits from other top executives, highlighting Elon Musk's struggle to retain talent. The closure marks a setback for Tesla's in-house AI development strategy for self-driving cars and indicates a shift to reliance on external suppliers like Nvidia and Samsung. This pivot comes amid broader challenges confronting Tesla's business.
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Tesla supercomputer could boost EV maker's market cap by $600 billion
Economic Times
·
1y ago
Medial
Morgan Stanley estimates that Tesla's supercomputer, Dojo, designed for training AI models for autonomous cars, could potentially increase the company's market capitalization by nearly $600 billion, or 76%. Tesla began production of Dojo in July and plans to invest over $1 billion in it through next year. The supercomputer may open up new markets beyond vehicle sales by enabling devices with cameras to make real-time decisions based on visual input. Morgan Stanley upgraded Tesla's stock recommendation to "overweight" and raised its 12-18 month target to $400, which could result in a market capitalization of around $1.39 trillion.
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Don't Count on Tesla's Dojo Supercomputer to Jump-Start an AI Revolution
Wired
·
1y ago
Medial
Morgan Stanley's report suggests that Tesla's Dojo supercomputer could add $500 billion to the company's value by giving it an edge in autonomous driving, robotaxis, and selling software to other businesses. The report claims Dojo will provide breakthroughs, granting Tesla an "asymmetric" advantage in various industries beyond automotive. While the idea of supercharging machine learning with more computing power and data is promising, it's important to note that predicting specific advancements in AI remains uncertain. Tesla's success in autonomous driving and other fields will depend on the practical outcomes of its investments in Dojo and data-driven technologies.
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World's most valuable car vendor will spend billions on Nvidia and AMD GPU and CPU in race to build even more powerful supercomputer
Techradar
·
1y ago
Medial
Elon Musk has confirmed that Tesla plans to use not only Nvidia, but also AMD hardware for its upcoming Dojo supercomputers. Tesla had previously launched its first Dojo ExaPod supercomputer utilizing custom AI chips. Musk stated that Tesla will spend over a billion dollars on Nvidia's H100 and AMD's Instinct MI300 hardware this year. He also mentioned that the minimum requirement to stay competitive in AI is several billion dollars per year. Tesla's Dojo project faced a setback in December when its project lead left, but it has since been filled by a former Apple executive.
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Tesla shuts down Dojo: Here’s all you need to know - The Economic Times
Economic Times
·
11h ago
Medial
Tesla has shut down its Dojo supercomputer project, ending its efforts to develop in-house chips for self-driving technology. This decision follows the departure of about 20 team members to form a new AI company, DensityAI. CEO Elon Musk emphasized the importance of consolidating resources rather than pursuing multiple AI chip designs. Tesla will now rely on external tech companies like Samsung, Nvidia, and AMD for chip production and computing needs.
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How Elon Musk is reinventing Tesla’s strategy
Livemint
·
1m ago
Medial
Elon Musk is shifting Tesla’s strategy by integrating nascent AI technology into its business model, moving away from the company’s original approach of using off-the-shelf technology for electric cars. Tesla, initially founded on the concept that electric vehicles were feasible through combining existing technologies in innovative ways, is now betting on becoming a robot company. This shift is transforming Tesla’s operational and strategic focus, aligning it more closely with cutting-edge technological advancements.
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Expert Dojo launches $100 Mn fund, to invest $15 Mn in India by FY26
Entrackr
·
3m ago
Medial
Expert Dojo, a Southern California-based early-stage venture capital and growth accelerator firm, has announced an initial investment of $15 million in Indian startups as part of its newly launched $100 million third global fund. The firm made the announcement during the Expert Dojo Investors Conclave 2025 held in Bangalore, reinforcing its commitment to supporting early-stage Indian founders through capital and cross-border growth support. According to Expert Dojo, it will deploy the $15 million in the first year to fund 20 to 25 early-stage startups across sectors such as fintech, B2B, SaaS, and AI. While sector-agnostic, the fund will focus on startups with global scalability. Founders can expect investment cheques ranging from $50,000 to $1 million, alongside access to its international mentorship and go-to-market network. Over the next 2 to 3 years, Expert Dojo plans to invest an additional $30 million in Indian startups, deepening its engagement with the country’s innovation ecosystem. Since its inception in India, Expert Dojo has invested in over 30 Indian startups through its global fund. The India portfolio includes startups such as Bhive, Cloudworx, Consuma, Mugafi, The Rollnumber, Fudr, and Doqfy, among others. Additionally, Expert Dojo has invested in over 300 startups in the US and has provided invaluable resources and guidance to entrepreneurs, helping them navigate the challenges of scaling their businesses in a competitive global market. Founded in 2018, Expert Dojo is a global early-stage startup accelerator that focuses on pre-seed and seed-stage companies with high growth potential, especially in the tech industry. It has a strong commitment to diversity, equity, and inclusion, with 41% of its investments going to female-founded companies—surpassing the average of other top US accelerators.
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Expert Dojo launches India-dedicated cohort to back over 10 startups
Entrackr
·
2m ago
Medial
US-based early-stage venture capital firm Expert DOJO has launched an India-dedicated startup cohort. As part of this accelerator program, the firm will invest $100,000 each in over 10 startups across sectors such as technology, AI, EV, B2B and more. According to Expert DOJO, the startups will not only receive capital but also get mentorship, growth support, and access to its global investor network. Applications for the cohort are now open for startups. This cohort is designed to help early-stage startups strengthen their business models, enter new markets, and move quickly toward raising their next funding round. The aim of this cohort is to support Indian founders facing challenges like limited access to global capital, lack of international mentorship, and restricted market reach. This launch follows Expert Dojo’s earlier announcement of a $15 million India-focused fund, with plans to deploy in 20–25 early-stage startups by FY26. While the fund is sector-agnostic, it will focus on high-potential areas like fintech, SaaS, B2B, and AI, helping founders scale beyond borders. With its latest upcoming cohort, Expert DOJO remains committed to helping startups with not just capital, but a structured path to global growth. By combining deep founder support with an active investor network and global market access, they continue to serve as a launchpad for the next generation of impactful, venture-backable companies.
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Microsoft and OpenAI plan to build a $100 billion supercomputer to power artificial intelligence: report
Business Insider
·
1y ago
Medial
Microsoft and OpenAI are reportedly collaborating on the development of a supercomputer called "Stargate" that could cost up to $100 billion. The supercomputer would be a key component of a larger plan to construct a series of high-performance computing installations over the next six years. Stargate is expected to launch in 2028 and would enable OpenAI to further advance its artificial intelligence capabilities. Microsoft's involvement in the project is contingent upon OpenAI's ability to enhance its AI technology. Challenges include sourcing server chips and securing sufficient power for the supercomputer. The exact location of Stargate is yet to be determined.
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Dell, Super Micro providing server racks for xAI's supercomputer
Economic Times
·
1y ago
Medial
Elon Musk's artificial intelligence startup, xAI, is partnering with Dell Technologies and Super Micro Computer to build a supercomputer. Musk announced on social media that Dell will assemble half of the server racks for the supercomputer, while Super Micro will provide the other half. This collaboration aims to power the next version of xAI's AI chatbot, Grok. The training of AI models like Grok requires a large number of power-hungry chips, which are in short supply. Musk plans to have the supercomputer operational by the fall of 2025.
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New Breed of Supercomputer Aims for the Two Quintillion Mark
Livemint
·
1y ago
Medial
The development of Aurora, the most powerful supercomputer in the world, located at the Energy Department’s Argonne National Laboratory. Aurora is an exascale supercomputer, capable of performing one quintillion operations per second. It is being used for research in various complex sciences and technologies, such as cancer, nuclear fusion, vaccines, climate change, and more. The computer, built by Intel and Hewlett Packard Enterprise, is slowly being activated and is expected to be fully operational in 2024. Aurora's capabilities include analyzing brain connections, designing better batteries, and running AI programs.
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