Search results for Memphis
Telecommunications & Media
SpaceX offers half-price Starlink in Memphis amid backlash over xAI data centre
SpaceX will offer Starlink internet at half price to residents around Memphis, Tennessee. The company is waiving new equipment costs and offering discounted plans to subscribers near its Colossus data centre, which supports affiliate xAI. The move comes as local opposition persists over the facility’s electricity and water use. xAI faces a lawsuit alleging Clean Air Act violations involving methane gas turbines used to power the centre.
AI & Enterprise
Nvidia makes first delivery of Vera CPU for AI agents, including SpaceX and OpenAI
Nvidia has supplied initial volumes of its first in-house CPU for AI agents, called Vera, to SpaceX. BeInCrypto reported Nvidia also delivered early Vera silicon directly to OpenAI, Anthropic and Oracle Cloud. The company described Vera as its first processor marking an expansion of its GPU-led AI infrastructure business into CPUs. Vera includes 88 Olympus cores and supports up to 1.2 TB/s memory bandwidth, Nvidia said.
Finance
SpaceX holds private analyst meetings ahead of IPO
SpaceX has begun private briefings for Wall Street investors ahead of a planned IPO in late June, opening key facilities in Texas and Tennessee, including Starbase and a data centre in Memphis. It is reported to be seeking about $75 billion in proceeds at a target valuation of $1.75 trillion. Governance issues involving Elon Musk and heavy AI investment are also expected to draw scrutiny.
