Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk’s artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC’s David Faber.
TVA approves power agreement for Elon Musk's xAI supercomputer site in Memphis
The Tennessee Valley Authority (TVA) board has approved an agreement with Elon Musk's xAI facility in Memphis. On Thursday, the TVA board approved a request for use via a power arrangement greater than 100 megawatts with CTC Property LLC,
Could Trump’s win benefit Musk’s xAI in Memphis?
As former President Donald Trump secured a return to the White House, it seems one of the other big winners from Tuesday night’s presidential election is likely to be
Fury from campaigners as Elon Musk's xAI gets 150MW for Colossus supercomputer in Memphis
Memphis residents have criticized state grid operator the Tennessee Valley Authority (TVA) for granting Elon Musk’s xAI access to 150MW of additional power for the company’s Colossus supercomputer. TVA’s board approved the request, which came via energy company Memphis Light, Gas and Water (MLGW), at a meeting on Thursday.
Elon Musk's AI start-up xAI looks to raise $1 billion, filing shows
Elon Musk's artificial intelligence start-up xAI is seeking to raise as much as $1 billion, a Securities and Exchange Commission filing from this week shows.
Elon Musk’s xAI secures $6 billion in funding to accelerate AI ambitions
Elon Musk’s artificial intelligence venture, xAI, is nearing the completion of a $6 billion funding round. As reported by CNBC, this financial injection will bring the company’s valuation up to $50 billion.
Elon Musk’s xAI reportedly raising multibillion-dollar funding round to upgrade its supercomputer
Elon Musk's xAI reportedly raising multibillion-dollar funding round to upgrade its supercomputer - SiliconANGLE
Elon Musk raising up to $6 billion to buy technology for Memphis data center
Elon Musk is purchasing thousands of chips for his artificial intelligence company in Memphis. Musk is raising up to $6 billion to buy 100,000 Nvidia chips for the Memphis data center, according to CNBC’s David Faber.
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Memphis environmental group, city council member reacts to TVA approval of supplying more power to xAI facility
The Tennessee Valley Authority board of directors approved Memphis Light Gas and Water's request to increase the amount of ...
Three Big Things To Know About XAI’s Colossus This Week
It seems like Elon Musk‘s new project simply sprung up out of the ground. The Colossus center, the biggest of its kind in the ...
Tennessean5d
AAON picks Memphis for its new data center cooling hub; 800 jobs to be created over 5 years
During the Nov. 6 EDGE board meeting, AAON representatives could not confirm if Elon Musk's xAI will be a client. The artificial intelligence company recently opened its Memphis data center at the ...
Benzinga.com4d
Elon Musk's xAI Seeks $6B At $50B Valuation To Acquire 100K Nvidia Chips For Memphis Data Center
The chips are crucial for the new Memphis supercomputer, which will support Tesla Inc.’s TSLA Full Self-Driving (FSD) ...
The Tech Report1d
Elon Musk’s Xai Raises $6 Billion Funding to Purchase 100,000 Nvidia Chips
Elon Musk’s AI company xAi has managed to raise $6 billion in funding ... These chips will power the new Memphis ...
FOX13 Memphis12d
TVA approves power needs for xAI facility
The TVA board must approve any request for power above 100 megawatts. The facility, built in the old Electrolux plant, is ...
Hoodline12d
Tennessee Valley Authority Approves 150MW Power Supply to Elon Musk's xAI 'Gigafactory of Compute' in Memphis Amid Environmental Concerns
The TVA will supply 150 megawatts of power to Elon Musk's xAI facility in Memphis, addressing environmental and ...