New Delhi, March 22 -- Elon Musk has embarked on the "most epic chip-building exercise in history" with the launch of "Terafab". The new initiative will be a joint venture between Tesla and SpaceX and has begun with an advanced manufacturing facility in Austin, Texas. Musk claims the new facility is the only one in the world to have the entire chip-making lifecycle under one roof including memory, packaging, testing and manufacturing of lithography masks.

Speaking at a recent event, Musk announced the new facility to solve what he described as a looming shortage in AI compute. "We either build the Terafab or we don't have the chips. and we need the chips, so we're going to build Terafab,"

"We're very grateful to our existing supply chai...