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Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.
Elon Musk's AI start-up xAI looks to raise $1 billion, filing shows
Elon Musk's artificial intelligence start-up xAI is seeking to raise as much as $1 billion, a Securities and Exchange Commission filing from this week shows.
Valuations at Elon Musk’s SpaceX and xAI set to soar in new deals
Two of Elon Musk’s private companies are set to secure multibillion-dollar jumps in valuation through new deals, as investors race to back the sprawling business interests of the world’s richest man.
Elon Musk's massive AI data center gets unlocked — xAI gets approved for 150MW of power, enabling all 100,000 GPUs to run concurrently
The Tennessee Valley Authority approved xAI's request for 150MW to power its AI supercomputer used for training Grok.
Elon Musk raising up to $6 billion to buy technology for Memphis data center
Elon Musk is purchasing thousands of chips for his artificial intelligence company in Memphis. Musk is raising up to $6 billion to buy 100,000 Nvidia chips for the Memphis data center, according to CNBC’s David Faber.
Bisnow
19m
New Data Center Provider Launches Targeting Office Conversions
London-based EdgeNebula says it can convert commercial buildings to data centers in two months and at significantly lower ...
4h
on MSN
AAON picks Memphis for its new data center cooling hub; 800 jobs to be created over 5 years
I welcome AAON to Memphis, Tennessee, and thank this company for its commitment to creating 828 new jobs for the families ...
1d
Texas data center dash creates solar price uncertainty
Surging demand from tech groups in Texas has accelerated a bullish solar and storage market but grid bottlenecks have created ...
Bisnow
2d
Data Center Construction Starts May Be Slowing Down Despite Gold Rush
even as demand for
data
center
capacity climbs to unprecedented heights. “
Data
centers continue to dominate large ...
15h
Chinese Data Center Firm Zdata Is Said to Consider Hong Kong IPO
Chinese data center firm Zdata Technologies Co. is considering a potential initial public offering in Hong Kong, according to ...
Datacenter Dynamics
4h
Microsoft launches second data center in Busan, South Korea
Microsoft has launched a second data center in Busan, South Korea. “On September 23, 2024, Microsoft and the city of Busan ...
1d
Billion-dollar retrofit will convert former Star printing plant into a data center
The Star's former printing press building could plug into a new life — and not as the heart of ballpark district.
21h
on MSN
Instead of a downtown baseball stadium, former KC Star printing press will be a data center
The iconic glass and copper building in downtown Kansas City will become an “AI innovation facility” and company Patmos’ ...
Datacenter Dynamics
4h
Spain’s Templus expands data center in Malaga
Spanish data center firm Templus has expanded its data center in Malaga. “We have turned our facilities into a benchmark for ...
The Business Journals
2d
Opinion: Data center tax breaks mean jobs in rural communities
“The bill before you,” I said, “is about
data
center
tax preferences, but it’s about more than that. It’s about jobs, and ...
Yahoo
1d
AI Data Center Energy Needs: Is Natural Gas the Answer?
However, like any transformation trend, there are “pick and shovel” plays that will offer ample opportunities.
Data
...
5h
on MSN
Vertiv Holdings (VRT): UBS Predicts Strong Growth Amid Data Center Boom
We recently published a list of 15 Trending AI Stocks on Latest News and Analyst Ratings. In this article, we are going to ...
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