The councilmembers had just received a grim update on the city’s declining annual murder rates, but were rather attentive as McGowen turned the conversation to xAI. It was last summer when Elon ...

The xAI facility will be doubling its energy demand from 150 to 300 megawatts between its first two phases — at least, that's how Memphis Light, Gas & Water (MLGW) has explained it. On Tuesday ...

Elon Musk's xAI supercomputer gets power boost amid concerns 150MW approval raises questions about grid reliability in Tennessee Local stakeholders voice concerns over growing data center demands ...

Elon Musk's xAI has completed its Series C funding round, raising a total of $6 billion, it revealed in a Monday blog post. Musk's artificial intelligence company said the participants included ...

Elon Musk's xAI raised $6 billion in its Series C funding round.Steve Granitz/FilmMagic via Getty Images Elon Musk's xAI raised $6 billion in its Series C fundraising, the startup announced on Monday.

It's a bit of an oddity to say a $6 billion investment came out of nowhere, yet given how fast the xAI deal came together here in Memphis, the metaphor holds some weight to it. In June 2024 ...

Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup continues to ramp up in its battle against bitter rival OpenAI.