From Investing.com: 2024-05-17 03:28:25

Tesla is moving towards developing its self-driving system with data from China, potentially setting up a data center in the country. The pivot towards AI aims to boost revenue and profits amid competition from Chinese automakers like BYD. Tesla seeks approval for data transfer and is exploring licensing its FSD system to Chinese EV makers.

The strategic move to harness data from China’s congested cities for AI development is a significant leap. Tesla has stored data from Chinese EVs in Shanghai since 2021, seeking approvals to transfer it. The potential setup of a data center there could mark a major milestone in scaling up mass adoption of autonomous driving technologies.

China’s EV market plays a vital role in Tesla’s plans for FSD, with Musk exploring ways to leverage the country’s data for AI training. Analysts see China as a launchpad for self-driving technology, akin to Tesla’s breakthrough in EV production at the Shanghai Gigafactory. Elon Musk is confident in the adaptability of Tesla’s FSD system across various markets with country-specific training.



Read more at Investing.com: Exclusive-Musk pushes plan for China data to power Tesla’s AI ambitions By Reuters