Elon Musk’s AI company, xAI, acquires 1 million-square-foot property in Memphis

Spread the love

Elon Mask’s AI company Jai’s AI Data Center has acquired 1 million square feet of property in southwest Memphis to extend the footprint, According to one press release From the Memphis Chamber of Commerce.

The new land will host the infrastructure as a complementary to the existing Memphis Data Center of Jai.

“The acquisition of the property of this property confirms that we will be at the top of AI Innovation, just here in Memphis,” said Brent Mayo, senior site manager of XAI.

It was not immediately clear whether the expansion was related to a Prior announcement Lease on a 522 acre site of Memphis.

Jai is hungry for AI hardware. Accordingly ReportStartup recently developed a second data center with $ 700 million dollar chips and other tools in Atlanta. It Ink An agreement with Del to buy $ 5 billion GPU-Papped server.

Jai’s data centers use the family of AI models to train and manage, Grock. The company is known as its initial memphis-based facility, callsus, once this year, 1 million Nvidia plans to promote the GPU, which was more than 100,000 last year.

Some residents have criticized Jai’s continued expansion in Memphis, by arguing that it will spread the grid and Bad The air quality of the region. To try to win them, Jai Local Utility has provided discount Tesla-makers batteries and created a water recycling plant.

Partially to fund its AI infrastructure projects, Jai is said that $ 10 billion funding is being discussed, which will cost the company the price of $ 75 billion. Jai has stopped it Round the last fundWhich is at the top of $ billion in the end of 2021.

Leave a Reply

Your email address will not be published. Required fields are marked *