Tesla’s AI supercomputer Dojo may add US$600bil to market cap

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Morgan Stanley says AI trained autonomous cars could give the EV maker an ‘asymmetric advantage’.

Tesla started production of the Dojo system in July and intends to invest over US$1 billion through the next year.

Tesla started production of Dojo in July and plans to spend more than US$1 billion through next year. “If Dojo can help make cars ‘see’ and ‘react,’ what other markets could open up? Think of any device at the edge with a camera that makes real-time decisions based on its visual field,” Jonas said. Morgan Stanley raised its 12-18 month target on Tesla’s shares by 60% to US$400 – the highest among Wall Street brokerages as per LSEG data – which, it estimated, would give the EV maker a market capitalisation of about US$1.39 trillion.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 5. in BE

Belgique Dernières Nouvelles, Belgique Actualités