Elon Musk’s startup xAI is planning to build a supercomputer in Memphis, Tenn., as the young company races to catch up to rivals that have had yearslong head starts developing generative AI.
Terms weren’t disclosed. The amount of the investment is still being finalized, according to Ted Townsend, president of the city’s chamber of commerce. The project, which would be housed at an old manufacturing facility, still needs approval of local and regional authorities.
