Elon Musk-owned artificial intelligence firm xai has acquired a 1-million-square-foot property in southwest Memphis, the Greater Memphis Chamber reported on Friday.
The move comes as the startup ramps up plans to expand its Colossus supercomputer—a key component in Musk’s strategy to enhance its AI infrastructure and compete with rivals like Openai.
According to the Chamber, the new property purchase builds on xai’s December announcement outlining an ambitious expansion to house at least one million graphics processing units (GPUs) as part of the Colossus project. The facility is expected to support the growing demand for AI computing power and is described as being “well on the path to the supercluster size” that xai envisions.
The investment is part of a broader trend in the tech industry where companies are scaling up their data center and supercomputing capabilities amid intensifying competition. However, the expansion of AI infrastructure has drawn criticism from environmental activists, who warn that data centers can consume large amounts of energy.
In related developments, the Memphis Chamber noted that xai’s new facility follows an $80 million water recycling plant and features the world’s largest deployment of Tesla Megapacks for data center operations. Additionally, it was reported on Wednesday that Tesla will soon break ground on a 1-million-square-foot factory in Texas to manage and store its Megapack energy products.
xai’s strategic expansion is seen as a significant step in Musk’s broader efforts to solidify his company’s position in the competitive AI landscape, particularly as tensions have risen with competitors in the sector.
Twelve people have died and at least 10 others were injured after a Polish-registered bus overturned on a motorway in eastern Hungary, officials sa...
North Korean leader Kim Jong Un reaffirmed the deepening of ties with Russia in a message to President Vladimir Pu...
A wildfire in Croatia driven by st...
Wildfires across England and Wales have reached their highest level on record, according to the National Fire Chiefs Council, as firefighters struggle to contain outbreaks following a spell of extreme heat.
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said.
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Minister, Kazem Gharibabadi, who said the sea passage "cannot be seized by tweet."
At least 47 people have been killed after a magnitude 7.7 earthquake struck off eastern Indonesia early on Saturday, triggering small tsunami waves and dozens of aftershocks, officials say.
Iran says the U.S. war and military presence in the region have worsened marine pollution around the Strait of Hormuz, calling for environmental protection to form part of future arrangements governing the strategic waterway.
An artificial intelligence agent running an experimental store in San Francisco has recommended dismissing a human employee after the worker repeatedly arrived late for shifts.
Nvidia is teaming up with some of the biggest names in global finance in a move that underscores how artificial intelligence is rapidly becoming one of the world's most sought-after investment themes.
Parts of Europe and the Arctic will briefly fall into darkness on Wednesday, 12 August, as the Moon passes between Earth and the Sun in a total solar eclipse.
Meta said one of its AI models hacked another company's systems during cybersecurity testing, intensifying concerns about how developers can contain increasingly capable AI systems following similar incidents involving Anthropic and OpenAI.
Scientists say the accidental crash of a discarded SpaceX rocket stage into the moon has provided valuable data on impact cratering while posing no threat to Earth or lunar hardware.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment