NEW DELHI: Tesla and SpaceX CEO Elon Musk’s xAI company has purchased a third building near its existing Memphis sites in the US, that will bring its artificial intelligence (AI) computing capacity to almost 2 gigawatts (GW).

Elon Musk has already built one data centre in Memphis, known as Colossus, and is constructing a second centre nearby dubbed Colossus 2, according to multiple reports. The newly acquired building is in Southaven, Mississippi, and adjoins the Colossus 2 facility, according to reports citing people familiar with the matter.

“xAI has bought a third building called Macrohardrr,” Musk posted on social media platform X, saying it will “take @xAI training compute to almost 2GW.”

A gigawatt is enough to provide electricity for about 7,50,000 US homes. Musk has publicly discussed plans to build the world’s largest data centre for AI training and previously said Colossus 2 will eventually have 5,50,000 chips from Nvidia, costing tens of billions of dollars.

Moreover, Musk’s xAI Holdings is reportedly in talks to raise new funding at around dollar 230 billion valuation. Musk owns a 53 per cent stake in xAI Holdings, worth dollar 60 billion. Musk took a dig at Wikipedia in October, claiming Grokipedia, developed by xAI, will surpass the popular online encyclopedia “by several orders of magnitude in breadth, depth and accuracy.”

Grokipedia is an AI-powered encyclopedia that aims to challenge what Musk calls a “woke” and biased Wikipedia. He described Grokipedia as a “massive improvement over Wikipedia” and said it aligns with xAI’s mission to help humanity better understand the universe.

Musk’s net worth rose to nearly dollar 750 billion after a US court reinstated Tesla stock options worth dollar 139 billion. According to Forbes’ billionaires index, this development has taken Musk closer to become the world’s first trillionaire.