Musk’s xAI buys building to expand data centre


Musk has already built one data centre in Memphis, known as Colossus, and is currently constructing a second nearby site dubbed Colossus 2. — Bloomberg

MEMPHIS: Elon Musk’s xAI is planning an expansion of its massive data centre complex in Memphis, and has purchased a third building in the area that will bring the company’s artificial intelligence (AI) computing capacity to almost two gigawatt (GW), the billionaire wrote in a post on X.

Musk has already built one data centre in Memphis, known as Colossus, and is currently constructing a second nearby site dubbed Colossus 2.

The new building Musk posted about is in nearby Southaven, Mississippi, and adjoins the Colossus 2 facility, the Information reported earlier on Tuesday, citing property records and a person familiar with the project.

“xAI has bought a third building called MACROHARDRR,” Musk posted. “Will take @xAI training compute to almost 2GW.”

A gigawatt is enough to provide electricity for about 750,000 US homes.

Musk has publicly discussed plans to build the world’s largest data centre for AI training, and posted earlier this year that Colossus 2 will eventually have 550,000 chips from Nvidia Corp, which would cost tens of billions of dollars.

XAI has been fundraising aggressively in 2025 to finance its ambitious projects.

The firm was in talks to raise US$20bil in debt and equity earlier this year, in part to buy Nvidia processors for Colossus 2, Bloomberg News reported. — Bloomberg

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Zafrul: Support, initiative introduced must be structured
Ringgit closes easier against US dollar amid war uncertainty
Bintai Kinden wins RM45mil TNB contract
Ni Hsin in tie-up to accelerate EV deployment
EI Power inks underwriting agreement
Impressive take-up for Matrix’s industrial space�
DKSH Malaysia’s privatisation plan falls through
‘Malaysia’s economy can still surprise on upside’
Dialog finalises Cendramas PSC with PETRONAS
MN Holdings wins RM128mil data centre job

Others Also Read