Elon Musk-owned artificial intelligence firm xAI has bought a 1-million-square-foot property in Southwest Memphis, Tennessee, the Greater Memphis Chamber said on Friday, as the startup looks to expand its AI infrastructure amid intensifying competition in the industry.

Elon Musk's xAI has acquired a 1-million-square-foot property in Memphis to expand its Colossus supercomputer.

AI announced plans to expand in Memphis on Friday with the purchase of a 1 million square-foot property in Southwest Memphis, according to the Greater Memphis Chamber.

This significant expansion by xAI reinforces Memphis’s position as a premier destination for technological innovation,” said Ted Townsend, President and CEO of the Greater

AI has acquired a 1 million-square-foot facility in Southwest Memphis, which is expected to help in the planned expansion of its supercomputer.