PANews reported on April 2 that according to Business Insider, Musk's AI company xAI is building a supercomputing center "Colossus" in Memphis, Tennessee. It has invested about $406 million so far and plans to expand to deploy 1 million GPUs in the future. However, due to limited grid capacity, only 150 megawatts of electricity was approved, far below demand. xAI has enabled natural gas power generation to supplement 250 megawatts and is seeking new land for capacity expansion. The project may eventually cost more than $27 billion, marking Memphis as a global AI computing power center.
Musk's xAI spends $400 million to build a supercomputing center in Memphis, but faces power shortages
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The crypto market fell back slightly, BTC fluctuated within a narrow range, and the AI sector remained relatively strong
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Musk: Grok 3.5 is "still too rough" and needs about a week of polishing
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Three addresses have withdrawn 5,566 ETH from exchanges in the past two hours, with a total value of $13.99 million
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Weekly highlights: New Hampshire signs the first state Bitcoin reserve bill in the U.S.; market sentiment picks up, BTC returns to $100,000, ETH rebounds sharply