Shares in Tesla (TSLA) dropped today on fears that it is losing ground in the AI race after scrapping its Dojo supercomputer plans.
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According to a report in Bloomberg, Tesla has decided to break up the Dojo team, which was focused on developing in-house chips to power its self-driving technology.
Team Disbanded
It is understood that Dojo’s lead guru, Peter Bannon, is leaving the company, and the remaining team members will be reassigned to other data center and compute projects within Tesla.
The move follows the departure of around 20 workers, who left the automaker to start their own AI company called Density AI.
It is reportedly busy building chips, hardware, and software that will power data centers for AI that are used…
