Memphis leaders excited about revenue from xAI but lawsuit looms

Memphis Leaders Excited About Revenue From xAI But Lawsuit Looms

Image Credit: Canva The Center Square [By Kim Jarrett] – Memphis residents are getting a chance to tell Mayor Paul Young and council members how they want tax dollars from the xAI over the next six weeks, but a cloud still hangs over the project. Elon Musk’s xAI supercomputer was announced last year and unlike other projects, it is not receiving tax breaks. An ordinance before the Memphis City Council would invest 25% of the tax revenue into com…

Memphis leaders excited about revenue from xAI but lawsuit looms

(The Center Square) – Memphis residents are getting a chance to tell Mayor Paul Young and council members how they want tax dollars from the xAI over the next six