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Which major tech company establishes operations in Memphis by end of 2025?
2
Elon Musk•xAI•Colossus•Memphis•Tennessee•Google•OpenAI•Anthropic•Nvidia•Dell•Super Micro Computer•NVIDIA•Musk
Resolution / Starting Odds
NVIDIA • 25%
Dell • 25%
Super Micro Computer • 25%
Other • 25%
Official announcements from the companies involved or local government reports
Story
Elon Musk's xAI to Expand Colossus Supercomputer in Memphis to One Million GPUs
Dec 5, 2024, 08:05 AM
Elon Musk's artificial intelligence startup, xAI, has announced plans to significantly expand its 'Colossus' supercomputer in Memphis, Tennessee, aiming to house at least one million graphics processing units (GPUs). The expansion will increase the facility's capacity from its current 100,000 GPUs, making it the largest supercomputer in the world. This move is part of xAI's strategy to leap ahead of rivals like Google, OpenAI, and Anthropic in the AI race. The expansion is supported by major tech companies such as Nvidia, Dell, and Super Micro Computer, which will also bring operations to Memphis. The project is expected to cost tens of billions of dollars, with local server assembly and substantial GPU supply being key components of the initiative. xAI has also secured a $1.08 billion deal with NVIDIA for priority access to AI servers, aligning with Musk's ambitious AI goals.
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Similar markets
Google • 25%
Microsoft • 25%
Amazon • 25%
Other • 25%
xAI • 25%
X • 25%
Nvidia • 25%
Other • 25%
Google • 25%
Microsoft • 25%
Amazon • 25%
Other • 25%
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Remain in San Francisco • 25%
Move to Texas • 25%
Move to another US state • 25%
Move outside the US • 25%
Operational • 25%
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xAI and X • 25%
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X and Nvidia • 25%
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