xAI has its sights set on creating the world’s largest supercomputer and, according to a recent announcement, the Elon Musk-founded artificial intelligence company has selected Memphis for its site. The Greater Memphis Chamber revealed the southwestern Tennessee city had landed the planned project on Wednesday, saying it will be the "largest capital investment by a new-to-market company in Memphis history.
The AI firm "expects to create high quality jobs upon completion of Phase 1, with opportunities for more substantial investment in future phases," the nonprofit group said. "Memphis is a city of innovators, so it’s no surprise that it feels like home to those looking to change the world," Memphis Mayor Paul Young was quoted as saying. "We have great partners at the Greater Memphis Chamber and MLGW who were ready to make this happen.