xAI to Pour Billions Into Mississippi Data Center
“The project will represent a corporate investment exceeding $20 billion and will create hundreds of permanent jobs throughout DeSoto County,” Gov. Tate Reeves said in a statement.
The facility, named MACROHARDRR, will be located in Southaven, DeSoto County, close to Memphis, Tennessee. Once operational, the center is expected to boost xAI’s overall computing capacity to nearly two gigawatts.
Reeves characterized the initiative as “the largest economic development project in Mississippi’s history.”
“In addition to building rehabilitation, xAI’s substantial investment will also provide tax revenue to support public safety, health and human services, education, firefighters, police, parks and other initiatives that benefit the City of Southaven,” the statement noted.
Reeves expressed gratitude to Musk for the commitment, emphasizing that the project will generate hundreds of permanent positions, create thousands of indirect subcontracting opportunities, and contribute to tax revenues that sustain public services.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
