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Jon Keegan

Musk fires up his power-hungry supercomputer, surprising his neighbors

In a sprawling factory in South Memphis, Tennessee, Elon Musk’s AI startup xAI recently turned on its new “Colossus” supercomputer. Powered by 100,000 Nvidia H100 GPUs, the supercomputing cluster was completed in just 122 days, according to Musk.

But that breakneck speed was achieved by cutting corners and keeping local community leaders in the dark, according to a new report by NPR.

The small community in which the factory sits was surprised to learn about their new power-hungry neighbor. Utility officials signed NDAs, leaving civic groups and the local city council unaware of the plans for the site.

The new xAI supercomputing cluster is currently consuming 1 million gallons of the community’s drinking water per day, and 50 megawatts of power from the local utility, which it is augmenting with 18 mobile methane-powered gas turbines without obtaining any permits, according to the report.

With plans to double the size of the cluster, Musk’s factory is now facing increased scrutiny by local officials and the EPA.

The small community in which the factory sits was surprised to learn about their new power-hungry neighbor. Utility officials signed NDAs, leaving civic groups and the local city council unaware of the plans for the site.

The new xAI supercomputing cluster is currently consuming 1 million gallons of the community’s drinking water per day, and 50 megawatts of power from the local utility, which it is augmenting with 18 mobile methane-powered gas turbines without obtaining any permits, according to the report.

With plans to double the size of the cluster, Musk’s factory is now facing increased scrutiny by local officials and the EPA.

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Report: OpenAI in early talks for new fundraising round with $750 billion valuation

Just yesterday, we were reading about how Amazon was in talks to invest as much as $10 billion in OpenAI, with an eye-popping valuation of more than $500 billion. But those numbers might already be old.

A new report by The Information says that OpenAI is in early talks to raise as much as $100 billion, with a $750 billion valuation.

The company is reportedly estimating its fast-growing revenue will hit $100 billion by 2028, but it also expects to burn $115 billion in cash through 2029.

The company is reportedly estimating its fast-growing revenue will hit $100 billion by 2028, but it also expects to burn $115 billion in cash through 2029.

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Trump Media surges after announcing it is merging with fusion energy company TAE Technologies

Perhaps a strong late candidate for weirdest merger of the year, Trump Media — owner of Truth Social — is combining with fusion energy company TAE Technologies in a $6 billion all-stock deal.

As part of the deal, Trump Media will provide up to $200 million of cash to TAE at signing, with an additional $100 million available once the initial filing of the Form-S4 is completed (form for registering new securities).

The deal will create “one of the world’s first publicly traded fusion companies,” per the press release revealing the combination, which also states:

In 2026, the combined company plans to site and begin construction on the world’s first utility-scale fusion power plant (50 MWe), subject to required approvals. Additional fusion power plants are planned and expected to be 350 – 500 MWe.

The announcement sent Trump Media shares up as much as 30% in premarket trading on Thursday, though it’s since shed some of that bump, holding above a 20% gain as of 7:30 a.m. ET.

Republican Presidential Nominee Former President Trump Holds Rally In Butler, Pennsylvania

Tesla investors don’t want Elon Musk involved in politics

The Tesla CEO is spending big on the GOP in midterm elections.

Rani Molla12/17/25

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