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Musk’s xAI faces tougher road expanding Memphis area after EPA update

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Musk’s xAI faces tougher road expanding Memphis area after EPA update

Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images The Environmental Protection Agency closed a loophole this week that Elon Musk’s xAI had exploited to rapidly stand up its first data center in Memphis, Tennessee. Musk’s artificial intelligence startup created a kind of off-grid power plant for its Colossus facility by … Read more

Elon Musk xAI raises $20 billion from Nvidia, Cisco, investors

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Elon Musk xAI raises billion from Nvidia, Cisco, investors

Elon Musk attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | Reuters Elon Musk’s xAI said it raised $20 billion in a funding round, exceeding its prior target of $15 billion. CNBC reported in November that a financing would value the artificial intelligence startup at about $230 billion. After … Read more