Elon Musk's xAI Acquires APR Energy for Over $1 Billion to Power Colossus Supercomputer

APR1.94%
According to Guru Club, Elon Musk's xAI has acquired mobile power generation equipment manufacturer APR Energy for over $1 billion on July 17, based on regulatory filings and media reports. APR Energy's over 1GW power generation capacity will support xAI's Colossus supercomputer located in Memphis, Tennessee.
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