Elon Musk’s proposed $25 billion chip fab signals a bold push to solve AI supply bottlenecks, despite limited manufacturing experience. Meanwhile, US regulators are cracking down on illegal chip exports, underlining rising geopolitical tensions. OpenAI is prioritising partnerships over heavy infrastructure spends ahead of its IPO plans, while Snowflake’s job cuts alongside AI hiring reflect a sharp shift in talent demand.

First Published: Mar 23, 2026 9:45 AM IST

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