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Search resuls for: "Memphis Chamber"


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Read previewThe Greater Memphis Chamber publicly announced last month that Elon Musk would build xAI's "gigafactory of compute" in the Tennessee city. The planned facility is set to house what Musk intends to be the world's most powerful supercomputer, set to power xAI's chatbot, Grok. AdvertisementOne council member, Pearl Walker, told Forbes that the development caused "hysteria" among Memphis locals. In an open letter shared on X, a group of three Memphis environmental groups also expressed concerns about the factory's impact on the local power supply. Memphis Light, Gas, and Water is trying to prevent the factory from affecting the local power grid, the outlet added.
Persons: , Elon, Musk, Pearl Walker, Forbes, Walker, xAI, Bernstein, Goldman Sachs, haven't, Ted Townsend, Musk's Organizations: Service, Memphis Chamber, Business, Economic, Tennessee Valley Authority, Memphis City, Forbes, Memphis, The Washington Post, Bernstein Research, Meta, Greater, Greater Memphis Chamber Locations: Memphis, Tennessee, Shelby, Iowa, The, Greater Memphis
Elon Musk's xAI may build the world's largest supercomputer in Memphis, pending approval. The Musk-founded AI business is working with Memphis to make the Tennessee city the lead location of the world's largest supercomputer, referred to as the Gigafactory of Compute, according to a statement from the Greater Memphis Chamber on Wednesday. The multibillion-dollar supercomputer would reportedly be powered by Nvidia's H100 GPUs, some of the most sought-after chips that power AI. The project could create hundreds of jobs, according to a report from the Memphis Business Journal. This story is available exclusively to Business Insider subscribers.
Persons: Elon Musk's, Musk, , Elon Organizations: Service, xAI's, Greater, Greater Memphis Chamber, Memphis Business, Business Locations: Memphis, Tennessee, Greater Memphis
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