Former Fred’s HQ to become AI data center
5C Group will open an artificial intelligence data center at 4300 Getwell Road, the former Fred’s headquarters, this summer. (Submitted)
The data center is expected to create more than 250 direct and indirect jobs in the Memphis area, with an investment of more than $500 million.
Topics
5C Group Data center Artificial Intelligence Subscriber OnlyIt’s GivingTuesday week! Will you join the celebration?
Donate now to help power our free community news access program.You know the value of having unlimited access to The Daily Memphian’s news. When you subscribe, you get full access to our news. But when you donate, you help us reach all Memphians with quality, in-depth local news through
- free access at over 300 schools and libraries
- free podcasts and radio broadcasts
- free newsletters
- and more!
Thank you for keeping up with local news. Thank you for investing in our community.
Dima Amro
Dima Amro is a native Memphian who covers commercial real estate and economic development for The Daily Memphian. She received her B.A. in journalism at the University of Memphis and M.A. in investigative journalism at American University.
Comments
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.