xAI's new cluster costs $30B. Memphis didn't ask for this.
What happened
xAI announced a $30B expansion of its Colossus compute cluster, making it one of the largest AI training facilities on the planet.
Why this matters
Compute is the new oil field, and the drilling rights go to whoever can wire money fastest.
The slightly cynical read
Announcing the cluster is free. Powering it is Tennessee's problem.
What to watch next
The energy contracts — grid operators are becoming the real kingmakers of the AI race.