It looks like Elon Musk is back with another big announcement. Musk announced that he has found a home for the world’s largest supercomputer.
After creating an announcement of ‘making a supercomputer,’ Elon Musk’s xAI plans to develop a new facility in Memphis to house a giant supercomputer.
It looks like this will help Memphis to boost its capacity in the race to build and offer chatbots and other AI-powered tools.
Elon Musk’s big reveal!
The Musk-founded AI business plans to work with Memphis to make the Tennessee city the lead location of the world’s largest supercomputer, named as the Gigafactory of Compute, as reports from the Greater Memphis Chamber on Wednesday.
Reportedly, the multibillion-dollar supercomputer would be powered by Nvidia’s H100 GPUs, which is one of the most used chips that power AI. “The project is expected to create hundreds of jobs,” the Memphis Business Journal explained.
Furthermore, “ There isn’t a specific timeline yet, but xAI is moving at a “very aggressive” pace to reach their deadlines. Musk previously told xAI investors that he wants the supercomputer online by fall 2025,” Ted Townsend, President & CEO of the Greater Memphis Chamber, told Business Insider.
Industry reacts!
On asking about the future results of Musk’s initiative, “We had an ideal site, ripe for investment. And we had the power of our people who created new and innovative processes to keep up with the pace required to land this transformational project,” Memphis Mayor Paul Young explained in a statement.
From what it’s understood, just a week ago xAI announced that it raised $6 billion in its Series B funding round. According to The Wall Street Journal, Musk personally invested $750 million and $250 million worth of computing power from X, in the funding.
However, the partnership is not official yet. The project seems to be pending approval by the Memphis Shelby County Economic Development Growth Engine, Tennessee Valley Authority, and governing authorities.
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