You might have heard about the purchase price jump from $250 to $400 in Tesla stocks due to the Dojo Supercomputer projections, but what exactly does all of this mean?
Dojo is Tesla’s custom AI platform that is developing information from the video data via their fleet of vehicles. What makes the platform different is the infrastructure is entirely designed and produced in house, by Tesla. This will better train the self-driving technology of Teslas by utilizing the visual data to better increase the capabilities of the technology and form a safer experience.
The goal for Dojo supercomputer is to better train the machine learning system for Full Self Driving. The video processing and recognition streamlines the data Teslas need to become more adaptable on the road without the control of a driver.
Coming from a statement from Morgan Stanley, the optimistic new reports claim these technological advances could increase the company’s value by about $500 billion. The technology of Dojo will massively accelerate the abilities of autonomous cars and even has the potential to be a direct revenue generator for the Tesla company.
This rapid collection of information will directly boost the revenue of Tesla, the quality of FSD, and the overall direction of the company.