Elon Musk said that artificial intelligence startup xAI is building a system of 100,000 H100 chips on its own, so that xAI can build an artificial intelligence data center faster. It is reported that the data center will be built in Memphis, Tennessee. Earlier, it was reported that xAI was discussing a potential deal worth up to $10 billion to lease chips from Oracle. Under the existing agreement, xAI currently leases 24,000 chips from Oracle.