ELON MUSK GAMBLES BILLIONS IN MEMPHIS TO CATCH UP ON AI

Summary from the TLDR newsletter

xAI is preparing to build a new plant in Memphis capable of generating over a gigawatt of electricity to power a million-square-foot data center that is also under development nearby. The Colossus data center houses over 200,000 Nvidia chips and powers the technology behind Grok, xAI's AI chatbot. xAI is close to finishing another bigger facility called Colossus 2. Colossus 2 will have a total of 550,000 chips and cost tens of billions of dollars.