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MEMPHIS AI INFRASTRUCTURE
SpaceX IPO gets Cryptocurrency touch. Here's howSpaceX, which began its roadshow last week, has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is...- Elon Musk defends AI ambitions as IPO reveals troubleElon Musk insists that his artificial intelligence venture xAI remains a serious competitor, pushing back against mounting doubts after rev...
- SpaceX IPO filing lays bare losses and Musk control as it stakes future on AIElon Musk plans to take SpaceX public with a valuation of nearly $1.75 trillion. This ambitious figure is drawing scrutiny from Wall Street...
- SpaceX IPO filing lays bare losses and Elon Musk control as it stakes future on AISpaceX has filed for its IPO, revealing substantial losses in its artificial intelligence division. The company's future hinges on unproven...
- SpaceX says it has option to acquire startup Cursor for $60 billionSpaceX is exploring a significant move into AI developer tools by securing an option to acquire code-generation startup Cursor for $60 bill...
- SpaceX tries to woo Wall Street with three-day analyst meeting this week, sources saySpaceX is preparing for a historic Initial Public Offering. The company is hosting analysts this week for briefings at its Texas launch fac...
- US mayors push back against data centre boom as AI backlash growsData centres were supposed to be a gift. Mayors warn that the data centre issue is becoming a symbol of Americans' growing doubts about AI ...
- Elon Musk's xAI raises $20 billion in Nvidia-backed funding roundElon Musk’s AI startup, xAI, said on Tuesday that it has raised $20 billion in fresh funding from participants including Nvidia, exceeding ...
- Elon Musk's xAI buys third building to expand AI compute powerElon Musk said his AI firm xAI has bought a third building, 'MACROHARDRR', to expand computing power for training models. The move supports...
- Elon Musk's xAI raises $15 billion in series E round: ReportElon Musk's xAI has raised $15 billion in a series E funding round. The AI startup has been ramping up its data center capacity to train mo...
- Musk says xAI is not raising capital after CNBC report on $10 billion fundingElon Musk refuted a CNBC report stating that xAI is currently raising capital. The report suggested a $10 billion raise at a $200 billion v...
- Elon Musk picks future AI leader amid feud with OpenAI and Apple, cites rival tech giant’s ‘data advantage’Elon Musk admitted that Google currently leads in Artificial Intelligence. He cited Google's advantage in computing power and data resource...
- Musk’s xAI in talks with Saudi firm Humain on data center dealThe company is in early talks with two potential partners: Humain, a Saudi-backed artificial intelligence firm offering xAI several gigawat...
- Little-known AI powerhouse rockets up Fortune 500 by 206 spots, surging faster than any other company this yearSuper Micro Computer experienced a remarkable surge on the Fortune 500 list, climbing 206 spots to number 292. This impressive growth is at...
- Elon Musk’s xAI to raise $5 billion through debt saleElon Musk's xAI is seeking $5 billion in debt financing, with Morgan Stanley managing the offering, to fuel its AI infrastructure expansion...
- Elon Musk's xAI buys new property in Memphis amid supercomputer expansionThe new investment builds on the company's earlier announcement in December, in which it laid out plans to expand its Colossus supercompute...
- OpenAI, Oracle eye Nvidia chips worth billions for Stargate siteThe site, in the small city of Abilene, is expected to house 64,000 of Nvidia’s coveted GB200 semiconductors by the end of 2026. The chips ...
- Meta to build $10 billion AI data centre in Louisiana as Elon Musk expands his Tennessee AI facilityMeanwhile, Elon Musk's AI startup, xAI, is expanding its existing supercomputer project in Memphis, Tennessee, the city's chamber of commer...
- Meta to build $10 billion AI data center in Louisiana as Elon Musk expands his Tennessee AI facilityLouisiana is among a growing number of states seeking to lure big tech firms in need of energy-intensive data centers with tax credits and ...
- Elon Musk builds xAI, world's largest AI computing system in just 16 months, sparks anxiety among rivals like OpenAI; here's how he did itElon Musk’s xAI has redefined the AI landscape, achieving a staggering $50 billion valuation in just 16 months—a feat that took industry le...
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