EDGE approves land lease for xAI
Elon Musk's AI Firm xAI Set for Major Expansion in Southwest Memphis with EDGE Approval
EDGE approved xAI's expansion for a supercomputer site in Southwest Memphis, generating local economic optimism but also concerns about power demands.
EDGE approves land lease for xAI as Elon Musk's company looks to expand in Memphis
EDGE President and CEO Joann Massey said the land may be used for xAI's proposed greywater facility, but CTC Property wouldn't specify a use.
EDGE board greenlights expansion of Elon Musk’s supercomputer site in Southwest Memphis
Billionaire Elon Musk must like Memphis. His company xAI is getting the green light to expand its footprint in the Bluff City. The supercomputer site in Southwest Memphis about to get super-sized.
EDGE approves leases for xAI; battery storage facility
xAI is set to lease a 552-acre site via CTC Property LLC, a California LLC affiliated with the Elon Musk company. Separately, Cardinal Energy Storage East — an LLC associated with Nebraska-based Tenaska Capital Management — is set to lease a 40-acre site.
XAI approved to lease 552 acres in Southwest Memphis for expansion
The Economic Development Growth Engine for Memphis and Shelby County approved a lease Friday, Oct. 4, for an xAI subsidiary on President’s Island.
xAI expanding in Memphis with 522-acre lease
Elon Musk’s xAI has been approved to lease more than 500 acres near the company’s supercomputer site in Memphis, expanding the company’s footprint in the city. xAI recently scaled up what it bills as the world’s largest supercomputer,
Land lease for xAI approved, Greater Memphis Chamber CEO says
A land lease for xAI has been approved, according to Ted Townsend, the president and CEO of Greater Memphis Chamber.
Elon Musk's xAI seeks 550+ acres of land in Memphis
AI is seeking to enter into a long-term lease with an option to purchase a huge plot of land near its operations at the former Electrolux facility near Presidents Island.
Elon Musk's xAI looks to lease 500+ acres in Memphis: What we know about plans for site
Elon Musk's xAI is eyeing land in Frank C. Pidgeon Industrial Park in Memphis, which is currently owned by EDGE.
xAI looking to lease over 500 acres of land in Memphis
MEMPHIS, Tenn. (WMC) - Elon Musk’s xAi is seeking to lease 552 acres of land in Memphis. The land is currently owned by Economic Development Growth Engine (EDGE). EDGE will host a special meeting on Friday to discuss the potential sale.
XAI plans to lease 552 acres for Memphis expansion
CTC Property, a subsidiary of xAI, plans to enter into a 21-year lease for 552 acres of Memphis and Shelby County Port Commission land in Southwest Memphis.
Greater Memphis Chapter approves expansion of xAI training facility
The expansion was announced 122 days after the initial announcement of xAI’s AI training facility and supercomputer, Colossus ...
Action News 5 Memphis on MSN2d
Business deals in the Bluff—new ventures ahead, including new xAI land plans and $170 million hotel remodel
A busy week filled with breaking business news in Memphis. Wednesday, the Economic Development Growth Engine (EDGE) for ...
dailymemphian2d
The Early Word: Cargo theft is big here, xAI may get bigger and Edey is just big
Memphis Flyway is underway, Cohen asks for MATA money and the Whitehaven STEM lab breaks ground for real this time.
The Cool Down on MSN2d
Elon Musk's AI startup under fire for allegedly endangering Tennesseans' health: 'Already having significant ... impact'
The turbines are emitting toxic gases called nitrogen oxides. Low levels of these polluting gases can be harmful to humans, ...