Try GOLD - Free
Elon Musk gambles billions in Memphis to catch up on artificial intelligence
Mint Hyderabad
|October 07, 2025
mobilesource turbines, andthe agency has ensured compliance with the regulations.
-
Musk's gamble is playing out in real time in Memphis.
(AFP)
Mayor Darren Musselwhite of Southaven said that MDEQ has approved temporary operations, and therefore xAIiscurrently in compliance with MDEQstandard requirements.
xAIplans to installa total of 18 temporary turbines at the site, according to correspondence between xAI and Mississippi environmental officials reviewed by the Journal. In August, xAI filed an application forapermitto eventually have 44 permanent natural-gas turbines in Southaven that could generate overagigawatt ofpower, according to the correspondence.
Transmission lines feed power to thedatacenteron the Tennessee side of the border.
This story is from the October 07, 2025 edition of Mint Hyderabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Hyderabad
Mint Hyderabad
America's soybean farmers are panicking over the loss of Chinese buyers
China hasn't booked any U.S. soybean purchases in months; farmers warn of 'bloodbath'
4 mins
October 09, 2025
Mint Hyderabad
Skoda Auto India plans EV launch
Skoda Auto India, part of the Volkswagen group, is evaluating the launch of electric car in the country with localised supplier base, an official said on Wednesday.
1 min
October 09, 2025
Mint Hyderabad
VALUATIONS REVERT TO THE MEAN, BUT THE MEAN IS ALWAYS A MOVING TARGET
In investing, mean reversion is the idea that asset valuation ratios tend to move towards their historical averages over time.
3 mins
October 09, 2025
Mint Hyderabad
Gold zooms past $4,000 for first time
Gold raced past $4,000 an ounce for the first time on Wednesday as investors piled into a record-breaking rally in the safe-haven asset to hedge against global economic uncertainty.
1 min
October 09, 2025
Mint Hyderabad
Fintechs must design for all, says RBI governor
increase transparency and awareness in consent management and data sharing under the account aggregator framework,\" he said.
1 mins
October 09, 2025
Mint Hyderabad
PM backs Make in India for chips, mobiles, electronics
Prime Minister Narendra Modi on Wednesday renewed his pitch for Make in India across sectors, from mobiles to semiconductors and electronics, saying the government is accelerating the pace of reforms, offering the best investment opportunities.
2 mins
October 09, 2025
Mint Hyderabad
Trump wants to overhaul drug sales. A company tied to his son stands to benefit.
The country’s top drugmakers are set to meet in early December at the Four Seasons hotel in Georgetown with Donald Trump Jr. and senior Trump administration officials that regulate the pharmaceutical industry.
4 mins
October 09, 2025
Mint Hyderabad
Gold hits a new high
Gold seems to be on an unstoppable uprun.
1 min
October 09, 2025
Mint Hyderabad
SBI eyes deal finance on home turf as Indian banks may get an entry
Having financed India Inc.’s overseas buyouts for long, State Bank of India (SBI) sees itself ready to underwrite mergers and acquisitions (M&As) at home, as the Reserve Bank of India (RBI) considers opening that door for domestic lenders.
2 mins
October 09, 2025
Mint Hyderabad
Has TaMo priced in worst of JLR?
Tata Motors Ltd is gearing up for its long-awaited demerger.
2 mins
October 09, 2025
Listen
Translate
Change font size