Here's what xAI will pay in property taxes

Here’s what xAI will pay in property taxes

Updated: April 14, 2025 8:52 PM CT

XAI and the Greater Memphis Chamber have said the company has invested $12 billion in the former Electrolux factory in Southwest Memphis. (Patrick Lantrip/The Daily Memphian file)

XAI is being taxed on $2.2 billion in investments, not the $12 billion the Greater Memphis Chamber touted throughout the past year.

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