New Delhi, December 31 (IANS). Tesla and SpaceX CEO Elon Musk’s company XAI has purchased a third building near its Memphis sites in the US. With this, their Artificial Intelligence (AI) computing capacity will reach approximately 2 gigawatts.
According to multiple reports, Elon Musk has already built a data center named Colossus in Memphis. Another center named Colossus 2 is being built nearby.
According to reports, the recently purchased building is located in Southaven, Mississippi and is adjacent to the Colossus 2 Center.
“XAI has purchased a third building called Macrohard. This will bring XAI’s training computing capacity to approximately 2 gigawatts,” Musk wrote on social media platform X.
One gigawatt of electricity is equivalent to the consumption of approximately 750,000 American homes. Musk had earlier told about the plan to build the world’s largest AI data center.
He said Colossus 2 would eventually contain 550,000 chips from Nvidia, which would cost billions of dollars. Additionally, XAI Holdings is looking to raise fresh funding at a valuation of about $230 billion. Musk owns a 53 percent stake in XAI Holdings, which is worth about $60 billion.
Musk took a dig at Wikipedia in October, saying that GrowCipedia, developed by XAI, would be “many times more comprehensive, deeper and more accurate” than the popular online encyclopedia Wikipedia.
GrowWikipedia is an AI-powered encyclopedia that aims to challenge Wikipedia’s perceived ‘biased’ information. Musk described it as a ‘tremendous improvement over Wikipedia’ and said it would help humanity better understand the universe, in line with XAI’s mission.
Musk’s net worth reached nearly $750 billion after a US court reinstated Tesla’s $139 billion stock options. According to the Forbes Billionaires Index, this development has brought Elon Musk closer to becoming the world’s first trillionaire.
–IANS
DBP/ABM
