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GenAI Daily - March 24, 2026: Tesla's $25B Terafab Chip Factory, AMI Labs' Record $1B Seed, Ford Pro AI Deployment
Top Stories Tesla Unveils $25 Billion "Terafab" Semiconductor Manufacturing Facility Tesla and SpaceX have unveiled "Terafab," a joint $25 billion chip fabrication facility in Austin, Texas, that Elon Musk claims will produce 1 terawatt of computing power annually. It would be the largest semiconductor fab ever