The disbanding of Tesla’s Dojo efforts follows the departure of around 20 workers, who left the automaker to start their own AI company dubbed DensityAI focused on data center services for industries.
In 2023, Morgan Stanley predicted Dojo could add $500 billion to the company’s market value by unlocking new revenue streams in the form of robotaxis and software services. Just last year, Musk noted that Tesla’s AI team would “double down” on Dojo in the lead-up to Tesla’s robotaxi reveal, which happened in October.
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