Tesla CEO Elon Musk speaks at Giga Texas (Suzanne Cordeiro/Getty Images)

What we know about Tesla’s Terafab project, which Musk says is launching in a few days

Elon Musk says the goal is to produce 100 billion to 200 billion AI chips a year.

On Saturday, Tesla CEO Elon Musk said the company’s massive chip manufacturing project, Terafab, would launch in seven days. The goal is to build a semiconductor fabrication plant that produces 100 billion to 200 billion AI chips annually to help power the company’s autonomous vehicles and robots.

Musk, who floated the idea of Terafab at the company’s shareholder meeting last year, has said Tesla needs to manufacture its own chips because other chip suppliers would not be able to reach the company’s future demand. “Even when we look at the best-case output of all of our key suppliers,” Musk said on the company’s last earnings call, “it’s not enough.” He estimated chip supply would be a “limiting factor” for Tesla’s growth in about three or four years.

Terafab Project launches in 7 days
— Elon Musk (@elonmusk) March 14, 2026

Tesla currently designs some of its own chips but relies on foundries such as Samsung and TSMC to produce them.

The new project could cost an estimated $20 billion in addition to the company’s ballooning $20 billion capital expenditure forecast for 2026, according to Tesla’s CFO.

While Musk has said the factory would manufacture “logic, memory and packaging domestically,” he hasn’t specified where. One possible location would be near Tesla’s headquarters in Austin, where the company has been continually expanding its footprint.

Rani Molla47m

Meta’s reported 20% layoff could bring headcount to its lowest level since 2021

Meta is rising Monday morning after Reuters reported the tech giant is planning to lay off 20% of its employees in an effort to use AI to make its workforce more efficient and offset its surging AI capex costs.

On the company’s last earnings call, CEO Mark Zuckerberg touted 30% efficiency gains for its software engineers and said some “power users” of the company’s AI coding tools saw productivity jump as high as 80% — what some saw as a veiled threat to employees who failed to use AI to boost their output.

Meta’s headcount was nearly 79,000 last quarter, having steadily risen since its layoffs during the self-described “year of efficiency” in 2023. A 20% cut would bring headcount to around 63,000 — the company’s lowest level since 2021.

Shares were recently up 2.7%.

Exclusive: Meta planning sweeping layoffs as AI costs mount

Shares were recently up 2.7%.

Jon Keegan2h

Report: Amid safety failures, ChatGPT’s planned “adult mode” caused concern within OpenAI, with minors misclassified as adults 12% of the time

Despite a series of alarming mental health safety failures that resulted in ChatGPT users allegedly using the product to plan suicides and murder, OpenAI decided to double down on its plan to roll out an “adult mode,” allowing the AI chatbot to produce erotic content.

That decision raised alarms within the company, warning that users could develop unhealthy emotional dependence on the chatbot and that the new age estimation feature was imperfect — and therefore likely to allow minors to access the feature — according to a new report from The Wall Street Journal. Per the report, some 12% of the time, the age estimation feature mistakenly classified minors as adults.

OpenAI’s council of mental health experts were “furious” and unanimous in their opposition to the plans to move forward with the adult mode feature after they were told about the decision in January, with concerns about creating a “sexy suicide coach.”

Earlier this month, the company said it would delay the new feature to focus on other products.

OpenAI’s Bid to Allow X-Rated Talk Is Freaking Out Its Own Advisers

Earlier this month, the company said it would delay the new feature to focus on other products.

Rani Molla3/13/26

Amazon raises the price for ad-free Prime Video to $4.99

Amazon is giving consumers more — for more. The e-commerce giant is raising the price of its ad-free Prime Video tier to $4.99 a month, up from $2.99.

On April 10, the service, now rebranded as Prime Video Ultra, will allow more concurrent streams (five instead of three) and up to 100 downloads, up from 25. Ad-free Prime Video had been included with a Prime membership until 2024, when Amazon added ads and began charging $2.99 a month to remove them.

For what it’s worth, ad-free Prime Video is still cheaper than the other increasingly expensive streaming services — if you don’t include the cost of Prime.

Prime Video’s Ad Free subscription becomes Prime Video Ultra for $4.99 a month

For what it’s worth, ad-free Prime Video is still cheaper than the other increasingly expensive streaming services — if you don’t include the cost of Prime.

Jon Keegan

3/13/26

Most Americans have heard about data centers — the more they learn, the more negative their views

A major survey by Pew gives us a good look at how Americans are thinking about data centers as they start popping up in communities across the US.

Rani Molla3/13/26

Uber relaunches robotaxi service with Hyundai-backed Motional in Las Vegas

What happens in Vegas, keeps happening in Vegas.

Uber users in Las Vegas can now be matched with an electric Motional IONIQ 5 robotaxi along parts of the Strip and at select casinos, resorts, and the Town Square shopping district near the airport, the companies said. For now, each vehicle includes a human safety operator monitoring from behind the wheel, who the companies say will be removed by year’s end.

Uber and Hyundai-backed autonomous tech company Motional previously tested a service there in 2022. “Motional is ready to put our extensive ride hail experience to work with Uber again,” said David Carroll, vice president of commercialization at Motional, which paused its commercial deployments in 2024 to refocus on its core driverless technology after scaling back operations.

This time around, the companies will be joining a much more crowded field. Amazon-owned Zoox has been offering free rides along select destinations on the Strip since last year, and both Tesla’s Robotaxi and Alphabet-owned Waymo have plans to open up shop there in the near future.

Thanks to a spate of recent AV partnerships, Uber, which sold its own autonomous unit back in 2020, is finding itself at the center of the nascent robotaxi boom.