Elon Musk Declares Tesla as Leader in ‘Real-World AI’: Unveiling the Future of Automotive Intelligence.

Having secured his substantial pay package, the CEO of Tesla proudly highlighted the automaker’s strides in chip design and robotics.

Elon Musk, CEO of Tesla, boasted about the internal progress of his company in AI, emphasizing advancements in hardware and chip design. He expressed a strong preference for Tesla’s in-house developments over any alternative options.

During a presentation and Q&A session following Tesla’s highly anticipated shareholder meeting, CEO Elon Musk made bold statements about the company’s advancements in AI. Musk asserted, “There’s actually not a chip from Nvidia—or from any company—that we would prefer to put in our car that is better than what we have in the car.” He highlighted Tesla’s commitment to starting from scratch in both chip design and AI software development, resulting in what he claims to be the best real-world AI software and AI inference chip globally, “from nothing.”

The event also saw shareholders voting to re-approve Musk’s contentious $56 billion pay package, pending judicial review, as well as endorsing a relocation of the company’s corporate headquarters from Delaware to Texas, as reported by Bloomberg.

Concluding the event, Musk took the stage to outline Tesla’s future plans concerning its vehicle lines, automotive software, robotics, and AI initiatives.

At the core of Tesla’s strategic vision lies its ambition for fully self-driving (FSD) vehicles, with CEO Elon Musk asserting the superiority of Tesla’s technology in this realm.

“Tesla also develops a significant amount of software in-house,” Musk informed the audience. “Internally, the Tesla operating system surpasses anything available from other companies. I believe it’s likely superior to the internal software of any Fortune 500 company—it’s simply on a different level.”

“Analyzing video footage and making decisions based on it? No other entity comes close, and our capabilities are improving steadily with each passing month, if not week,” he emphasized.

Describing Tesla as more than just an automobile manufacturer, Elon Musk targeted rival AI developers.

“Tesla leads the field in real-world AI,” Musk proclaimed. “We’re ahead of Google, Meta, OpenAI—anyone—in terms of real-world software.”

Musk, a co-founder of OpenAI in 2015, has engaged in a public feud with the CEO of the leading generative AI developer. He recently criticized Apple’s decision to integrate ChatGPT into its devices, threatening to ban them from his own companies. Although he filed a lawsuit against OpenAI for breach of contract in March, he withdrew it without explanation on Tuesday.

The CEO, who also spearheads SpaceX and co-founded Neuralink, additionally established xAI, a generative AI firm offering a chatbot called Grok on X (also known as Twitter).

Musk also highlighted his company’s achievements in hardware development.

“It’s important to acknowledge Tesla’s proficiency in chip design—the AI inference chip crafted by Tesla is integrated into our vehicles,” Musk noted. “While our previous hardware iterations featured the hardware three AI inference chip, cars manufactured over the past year now incorporate the hardware four. We’ve recently finalized the design for hardware five, which we’re dubbing AI five.”

Musk also touched on Tesla’s endeavors in robotics, spotlighting its Optimus humanoid robots, which he disclosed are already operational within Tesla’s factory premises and offices.

“We currently have two Optimus robots at our Fremont factory, performing tasks such as removing cells from the production line and placing them into shipping containers,” Musk disclosed. “Additionally, we have several of these robots operating within our offices in Palo Alto.” The Tesla CEO anticipates having 1,000 Optimus robots operational at Tesla.

In a rival development, OpenAI has entered the robotics market through its investment in robotics startup 1X since 2022.

Musk expressed optimism about the future of humanoid robotics, stating that while the market capitalization for autonomous transport ranges between $5 to $7 trillion, he believes the market cap for Optimus could reach $25 trillion.

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