Elon Musk's xAI supercomputer in Memphis was up and running in September. Here's a look at the project's progress and what's next.

We are dealing with the physical realities of what our utility system can provide," the CEO of the city's utility provider said in a city meeting about xAI's plans to massively expand the so-called Colossus facility.

Fidelity has boosted its valuation of the two Musk startups for the third month in a row, according to recent filings.

The xAI facility in Memphis will be doubling its energy demand from 150 to 300 megawatts between its first two phases, MLGW officials said.