In a significant move within the tech industry, Tesla, led by Elon Musk, has committed to investing $10 billion in artificial intelligence (AI) for 2024, specifically targeting advancements in autonomous driving technology. This investment aims to bolster Tesla's capabilities in both training and inference AI, with a focus on automotive applications. Concurrently, the AI sector is witnessing substantial financial commitments from other major players. Nvidia is projected to generate $40 billion from GPU sales in 2024, primarily driven by heightened demand from tech giants increasing their AI infrastructure investments, and its shares have experienced a $290 billion increase. Additionally, in the first quarter of 2024, Microsoft, Meta, and Alphabet collectively invested $32 billion in AI technology and data centers, significantly heating up the competition in the AI space, which has now reached a $10-trillion market valuation.