News Summary

Elon Musk’s artificial intelligence company, xAI, has been granted a permit by the Shelby County Health Department to operate 15 natural gas turbines at its data center in Memphis. These turbines will serve as backup power sources, and the permit allows them to produce up to 247 megawatts of electricity. This decision comes amid legal threats from the Southern Environmental Law Center, which has accused xAI of violating the Clean Air Act by previously operating generators without permits. The permit includes emissions controls, but concerns about pollution levels and air quality testing remain. Additionally, xAI recently raised $10 billion, divided equally between debt and equity financing.