"Elon Musk's artificial intelligence company xAI is set to spend $20 billion to build a data center in Southaven, Mississippi, Gov. Tate Reeves announced Thursday, calling it the largest private investment in the state's history. The data center, called MACROHARDRR, is being built in Mississippi's DeSoto County near Memphis, Tennessee. It will be the company's third data center in the greater Memphis area. xAI CFO Anthony Armstrong said the cluster of data centers will house the world's largest supercomputer with 2 gigawatts of computing power."
"A fact sheet released by the Mississippi governor's office said environmental responsibility is a core commitment for xAI. During the announcement, Reeves personally thanked Musk. Reeves predicted the investment would bring hundreds of permanent jobs to the community, thousands of indirect subcontracting jobs, and tax revenue to support public services. Under the incentives for data centers passed in 2024, the state will waive all sales, corporate income and franchise taxes on the xAI development."
xAI will invest $20 billion to build a data center named MACROHARDRR in Southaven, Mississippi, in DeSoto County near Memphis. The facility will be the company's third in the greater Memphis area and part of a cluster that xAI says will house the world's largest supercomputer with 2 gigawatts of computing power. Civil rights and environmental groups have raised concerns about air pollution affecting predominantly Black neighborhoods near existing facilities. A local coalition's petition opposing xAI's developments has gathered over 900 signatures. Governor Tate Reeves predicted hundreds of permanent jobs, thousands of subcontracting jobs, and tax revenue, and state incentives will waive sales, corporate income and franchise taxes for the project.
Read at www.mercurynews.com
Unable to calculate read time
Collection
[
|
...
]