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Congressman Cohen Applauds Economic Impact of xAI Gigafactory in Memphis

June 5, 2024

Elon Musk’s artificial intelligence company makes major investment

WASHINGTON – Congressman Steve Cohen (TN-9) today cheered the announcement that Elon Musk’s xAI company will be building the largest and most powerful supercomputer in history – the Gigafactory of Compute -- in the former Electrolux oven factory in Southwest Memphis, and made the following statement:

“This is great news for Memphis and the Memphis economy and will make our region a focus for the future of artificial intelligence. Mr. Musk’s smart decision to locate his supercomputer in Memphis will be a boon to our growing tech industry, attract new businesses and create good jobs. I congratulate Greater Memphis Chamber President and CEO Ted Townsend and his team for guiding and coordinating this major victory for Memphis.”

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