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xAI hasn't sought tax incentives from Memphis EDGE board for supercomputer project

Posted on AllSides June 21st, 2024
From The Left

Being one of the richest men in the world has its benefits, such as financing construction for the "world's fastest supercomputer" privately. There are no plans for public incentives at this time with Elon Musk's xAI regarding the company's "Gigafactory of Compute" site in Memphis, Joann Massey, vice president of operations for the Economic Development Growth Engine for Memphis and Shelby County, told The Commercial Appeal on Friday. "We haven't received any information or confirmation," she said. "The EDGE board of directors did not offer any PILOT incentives." xAI could...

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https://commercialappeal.com/story/money/business/development/2024/06/21/xai-supercomputer-in-memphis-incentives/74171443007

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