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Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's David Faber.
Elon Musk's AI start-up xAI looks to raise $1 billion, filing shows
Elon Musk's artificial intelligence start-up xAI is seeking to raise as much as $1 billion, a Securities and Exchange Commission filing from this week shows.
Valuations at Elon Musk’s SpaceX and xAI set to soar in new deals
Two of Elon Musk’s private companies are set to secure multibillion-dollar jumps in valuation through new deals, as investors race to back the sprawling business interests of the world’s richest man.
xAI's value is set to double, joining Elon Musk's Tesla and SpaceX in reaching new heights
Two of Elon Musk’s private ventures are set to be worth a lot more, joining his sole public company in securing massive valuations.
Elon Musk raising up to $6 billion to buy technology for Memphis data center
Elon Musk is purchasing thousands of chips for his artificial intelligence company in Memphis. Musk is raising up to $6 billion to buy 100,000 Nvidia chips for the Memphis data center, according to CNBC’s David Faber.
2d
Bloom Energy Shares Surge on AEP Deal for Data Center Fuel Cells
American Electric Power Co. will use Bloom Energy Corp. fuel cells to supply data centers, providing a quick solution to add ...
3d
Elon Musk's massive AI data center gets unlocked — xAI gets approved for 150MW of power, enabling all 100,000 GPUs to run concurrently
The Tennessee Valley Authority approved xAI's request for 150MW to power its AI supercomputer used for training Grok.
Bisnow
1d
New Data Center Provider Launches Targeting Office Conversions
London-based EdgeNebula says it can convert commercial buildings to data centers in two months and at significantly lower ...
3d
Texas data center dash creates solar price uncertainty
Surging demand from tech groups in Texas has accelerated a bullish solar and storage market but grid bottlenecks have created ...
2d
Chinese Data Center Firm Zdata Is Said to Consider Hong Kong IPO
Chinese data center firm Zdata Technologies Co. is considering a potential initial public offering in Hong Kong, according to ...
Yahoo
3d
AI Data Center Energy Needs: Is Natural Gas the Answer?
However, like any transformation trend, there are “pick and shovel” plays that will offer ample opportunities.
Data
...
wtvr
3d
Data center developer Iron Mountain Inc. drops $8M for land in Henrico
Iron Mountain Inc., a data center developer and information management company based in Portsmouth, New Hampshire, purchased ...
The Business Journals
4d
Opinion: Data center tax breaks mean jobs in rural communities
“The bill before you,” I said, “is about
data
center
tax preferences, but it’s about more than that. It’s about jobs, and ...
INSIDENOVA.COM
1d
Western Prince William residents request ‘reset,’ ‘transparency’ in data center planning
Resident members of Prince William County’s Data Center Ordinance Advisory Group are voicing displeasure at the apparent ...
Virginia Mercury
3d
Google, Virginia policy makers discuss growing data center demand
The Virginia Grid Innovation Summit, Google and Virginia Energy led the summit with speeches from Republican Gov. Glenn ...
The Real Deal
3d
Verizon inks massive renewal in NYC for data center at 60 Hudson Street
Tenants at the single-footprint
data
center
include Digital Realty and DataBank, according to the Commercial Observer.
Bisnow
4d
Data Center Construction Starts May Be Slowing Down Despite Gold Rush
even as demand for
data
center
capacity climbs to unprecedented heights. “
Data
centers continue to dominate large ...
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