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Musk Says Tesla to Spend Over $1 Billion on Dojo Supercomputer

Tesla Misses on Earnings After Months of Price Cuts
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Tesla Inc. is sparing no expense to become a player in supercomputing, with Elon Musk saying the carmaker plans to invest more than $1 billion on its so-called Project Dojo by the end of 2024.

The chief executive officer told investors Wednesday the in-house supercomputer is being designed to handle massive amounts of data, including video from Tesla cars needed to create autonomous-driving software.

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