Why a Memphis Community Is Fighting Elon Musk’s Supercomputer
Published On Oct 31, 2024, 11:07 AM
Elon Musk is building a massive supercomputer center in Memphis to power his xAI artificial intelligence business, which could consume electricity similar to that of 100,000 homes. This project has raised concerns among local residents about increased pollution and strain on the electrical grid, adding to the existing environmental burdens in the area. The center is currently operational and aims to train AI models using a vast network of high-powered servers.
Stock Forecasts
TSLA
Negative
The ongoing project by xAI may lead to negative sentiment among local residents and environmental activists, which could affect Musk's overall brand and associated companies. Potential regulatory scrutiny might arise due to environmental concerns, which could impact stock values of companies involved such as Tesla.
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