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.
The European Commission has proposed potential countermeasures on up to €95 billion worth of US goods should ongoing trade negotiations with Washington fail to resolve current tariff disputes.
Ukraine’s parliament has ratified a landmark minerals and economic partnership agreement with the United States, aiming to bolster bilateral cooperation and unlock investment potential, while navigating regional conflict dynamics and future reconstruction plans.
The US Embassy in Georgia has cautioned American citizens about potential security threats at several major shopping malls in Tbilisi, though Georgian officials have refuted the claims as unfounded.
In his first interview since leaving office, Joe Biden expressed concern over proposed peace deals for Ukraine that involve territorial concessions, describing them as a dangerous form of appeasement while also addressing US-Europe relations and his own political decisions.
The United States on Tuesday formally congratulated Friedrich Merz on his election as Germany’s new chancellor, reaffirming its commitment to close transatlantic cooperation amid evolving global challenges.
Britain's King Charles has called on the world to work toward lasting peace and preventing future wars during a speech marking the end of four days of events celebrating the 80th anniversary of Victory in Europe (VE) Day.
Before becoming Pope Leo XIV, Cardinal Robert Prevost shared rare insights on faith, unity, and modern challenges in a few candid interviews.
A humanitarian ship carrying 20,000 tons of Ukrainian wheat docked in Samsun, Türkiye, on Thursday, marking a major World Food Program initiative to supply crisis-hit regions, including Syria.
North Korea’s leader Kim Jong Un supervised a missile test on Thursday, emphasizing the nation's nuclear combat readiness, according to state media KCNA.
EU foreign ministers will visit Lviv, Ukraine, on May 9 to discuss defense support and endorse plans for a tribunal on war crimes and aggression.
India has fired a series of missiles into Pakistani-controlled territory, in what it has described as “Operation Sindoor”
Discover every major VE Day 80 event in Britain, 5‑8 May 2025—from London’s parade and fly‑past to street parties, concerts and museum exhibitions.
For the first time in history, an American has been chosen to lead the Catholic Church, as Cardinal Robert Prevost is named pope.
Chinese e-commerce platform Temu has announced it will no longer sell goods directly from China to U.S. customers, shifting instead to U.S.-based sellers amid the closure of a long-criticized customs loophole.
Cardinals from 70 nations have gathered in Vatican City to begin the historic conclave to elect the next pope, following the death of Pope Francis 17 days ago. This conclave is the most geographically diverse in Church history, showcasing Francis’ legacy of inclusivity.
Chinese tech giant Baidu has filed a patent application for a groundbreaking artificial intelligence system capable of translating animal sounds and behavior into human language, according to a report by the South China Morning Post.
The U.S. Federal Aviation Administration (FAA) has granted SpaceX regulatory approval to significantly increase the number of Starship rocket launches from its Texas facility, marking a major step forward in the company's efforts to develop its next-generation Mars rocket.
Scientists in the UK have developed a super-strong antibody that could dramatically improve how the immune system attacks cancer cells by boosting its activation power.
European Commission President Ursula von der Leyen unveiled a €500 million incentive package to enhance scientific research in Europe and attract leading researchers, particularly those from the U.S.
OpenAI announced Monday that it will retain its nonprofit governance structure while proceeding with a major restructuring of its for-profit subsidiary to enable greater capital-raising capacity amid intensifying competition in the artificial intelligence sector.
Britain's King Charles has called on the world to work toward lasting peace and preventing future wars during a speech marking the end of four days of events celebrating the 80th anniversary of Victory in Europe (VE) Day.
Before becoming Pope Leo XIV, Cardinal Robert Prevost shared rare insights on faith, unity, and modern challenges in a few candid interviews.
A humanitarian ship carrying 20,000 tons of Ukrainian wheat docked in Samsun, Türkiye, on Thursday, marking a major World Food Program initiative to supply crisis-hit regions, including Syria.
North Korea’s leader Kim Jong Un supervised a missile test on Thursday, emphasizing the nation's nuclear combat readiness, according to state media KCNA.
EU foreign ministers will visit Lviv, Ukraine, on May 9 to discuss defense support and endorse plans for a tribunal on war crimes and aggression.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment