News
XAI properties appraised at $3.4 billion, documents show
2+ hour, 17+ min ago (52+ words) XAI properties appraised at $3.4 billion, documents show'Daily Memphian An aerial view of xAI's site at 5420 Tulane in Whitehaven Jan. 3, 2025. (Patrick Lantrip/The Daily Memphian file) The appraisals for the two data centers help to determine how much Elon Musk's artificial…...
BlueOval SK to see 150 layoffs as joint venture dissolves
2+ week, 6+ day ago (147+ words) BlueOval City to see 150 layoffs as joint venture dissolves'Daily Memphian BlueOval SK will lay off 150 employees at its facility at Ford Motor Co.s $5.6 billion campus in Stanton, Tenn. (Courtesy Walbridge) The affected BlueOval SK employees at the Stanton, Tennessee…...
Millington restricts solar farms
1+ mon, 1+ week ago (176+ words) Utility-scale solar is the fastest-growing source of electricity generation in the country with a projected increase from 290 billion kilowatt hours in 2025 to 424 billion kilowatt hours by 2027, according to January 2026 data from the U.S. Energy Information Administration. (Paul Sancya/AP file) With…...
Ford Motor Co. incurred billions in charges after ending SK battery venture
1+ mon, 2+ week ago (155+ words) Ford Motor Co. reported a $3.2 billion charge after it and SK On dismantled their joint BlueOval City battery-manufacturing venture in December. Ford will repurpose its Kentucky Battery One campus. Ford Motor Co. and SK On dismantled their joint BlueOval City…...
SpaceX and xAI could merge, according to reports
1+ mon, 4+ week ago (184+ words) SpaceX and xAI could merge, according to reports'dailymemphian.com Elon Musk's SpaceX and xAI could merge. (Sean Simmers/AP file) Elon Musk, the CEO of both companies, has spoken about putting artificial intelligence data centers in space in recent months....
With Musk’s Mississippi turbines, controversy meets innovation
2+ mon, 1+ week ago (127+ words) An aerial view shows xAI's site at 2875 Stanton Road in Southaven. (Patrick Lantrip/The Daily Memphian) On Jan. 8, a member of what appeared to be xAI's security team walked up to a Memphis television news reporter and showed her a…...