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Elon Musk’s AI company, xAI, acquires 1 million-square-foot property in Memphis
Ray Choi
March 07, 2025
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💸 Elon Musk’s AI company, xAI, acquires 1 million-square-foot property in Memphis
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xAI, Elon Musk’s AI company, has acquired a 1 million-square-foot property in Southwest Memphis to expand its AI data center footprint, according to a press release from the Memphis Chamber of Commerce. The new land will host infrastructure to complement xAI’s existing Memphis data center.
“xAI’s acquisition of this property ensures we’ll remain at the forefront of AI innovation, right here in Memphis,” xAI senior site manager Brent Mayo said in a statement.
xAI is hungry for AI hardware. According to reports, the startup recently built a second data center in Atlanta with $700 million worth of chips and other equipment. It also inked a deal with : to buy $5 billion worth of GPU-packed servers.
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