Elon Musk's AI Company Selects Memphis for World's Largest Supercomputer
- June 10, 2024 07:04pm
- 264
AI pioneer xAI has chosen Memphis, Tennessee as the site for its groundbreaking "Gigafactory of Compute," a massive supercomputer aimed at unlocking the secrets of the universe. The project marks a significant investment in the city and promises to create high-quality jobs and drive technological innovation.
![Elon Musk's AI Company Selects Memphis for World's Largest Supercomputer](https://a57.foxnews.com/cf-images.us-east-1.prod.boltdns.net/v1/static/854081161001/9e066959-efc0-4e2a-83bc-2a661f7ab6bb/e0dffd8a-a8ad-45e8-919b-3eba0d4ce5a6/1280x720/match/896/504/image.jpg?ve=1&tl=1)
Elon Musk's foray into the realm of artificial intelligence has taken a major leap forward with the selection of Memphis, Tennessee as the site for xAI's planned "Gigafactory of Compute." This monumental supercomputer, poised to become the world's largest, will embark on a mission to unravel the fundamental mysteries of the universe.
The announcement, made by the Greater Memphis Chamber on Wednesday, heralds the largest capital investment by a new-to-market company in Memphis history. The supercomputer, which has been dubbed the "Gigafactory of Compute," is expected to create numerous high-quality jobs and serve as a catalyst for technological advancement.
![Elon Musk's AI Company Selects Memphis for World's Largest Supercomputer](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/07/1440/810/XAI.jpg?ve=1&tl=1 2x)
The Memphis and Shelby County Economic Development Growth Engine, Tennessee Valley Authority, and other stakeholders are still required to approve the project before it can proceed. However, the Greater Memphis Chamber expressed confidence in the project's viability and its transformative potential for the city.
"Memphis is a city of innovators, so it's no surprise that it feels like home to those looking to change the world," said Memphis Mayor Paul Young. "We have great partners at the Greater Memphis Chamber and MLGW who were ready to make this happen."
![Elon Musk's AI Company Selects Memphis for World's Largest Supercomputer](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/06/1440/810/memphis-skyline.jpg?ve=1&tl=1 2x)
Political representatives from the area, including House Democrat Rep. Steve Cohen and GOP Rep. David Kustoff, praised the decision by xAI to establish its supercomputer in Memphis. Cohen hailed the project as a "game-changer" for the city, while Kustoff emphasized its potential to attract skilled workers and boost economic growth.
xAI, officially launched in July 2023, is dedicated to developing advanced AI technologies and understanding the fundamental nature of the universe. The company, which is also responsible for the social media platform X and the AI chatbot Grok, has set ambitious goals for its Memphis project.
![Elon Musk's AI Company Selects Memphis for World's Largest Supercomputer](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/11/1440/810/xAI-Elon-Musk-GettyImages-1529519684-1.jpg?ve=1&tl=1 2x)
Late last month, xAI disclosed a $6 billion Series B funding haul and hinted at upcoming announcements about cutting-edge technology updates and products. The selection of Memphis for the "Gigafactory of Compute" is seen as a testament to the city's growing reputation as a hub for technology and innovation.
The supercomputer, expected to be operational upon completion of Phase 1, will play a pivotal role in xAI's quest to unlock scientific breakthroughs and push the boundaries of human knowledge. The project is poised to transform Memphis into a global center for AI research and development, attracting talent and investment from around the world.
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