ChainCatcher news, according to Jinshi reports, Elon Musk's artificial intelligence company xAI plans to build a new factory in Memphis, which will install a giant supercomputer aimed at enhancing the company's capabilities in manufacturing and providing chatbots and other AI tools.Since early March, Musk and his team at xAI have been working with officials in Memphis to plan the new factory, which will be the largest multi-billion dollar investment in the history of the city of Memphis. Townsend, chairman of the Greater Memphis Chamber, stated that many details regarding the new factory have yet to be disclosed, including the total cost and the number of jobs that will be created.He added that the city is also discussing offering xAI tax breaks or other business incentives to attract the project to Memphis, but specific details have not yet been determined.