BALTIMORE, June 05, 2025 (GLOBE NEWSWIRE) — In a newly released briefing, tech entrepreneur and bestselling author James Altucher reveals details of an advanced artificial intelligence project quietly developed by Elon Musk — with the backing of the U.S. government.
According to Altucher’s report, the U.S. has entered what he calls a “second wave” of artificial intelligence — and at the center of it is Project Colossus, a secretive facility operated by Musk’s xAI out of Memphis, Tennessee.
Unlike anything the public has seen before, Project Colossus is designed to scale beyond current AI tools and into a new phase Altucher refers to as Artificial Superintelligence — or AI 2.0.
A Quiet Presidential Push
Altucher points to a key moment that set everything in motion: the repeal of Biden-era regulations on AI development.
“In one of his FIRST acts as President… Donald Trump overturned Executive Order #14110.”
The executive reversal, Altucher says, cleared the path for Musk to accelerate his most ambitious project yet.
Inside Project Colossus
Altucher claims Musk’s supercomputer is already live, housed in a discreet facility loaded with more than 200,000 high-performance AI chips.
“Right here, inside this warehouse in Memphis, Tennessee… lies a massive supercomputer Musk calls ‘Project Colossus.’”
He also reports that further upgrades are coming within weeks — including the addition of next-generation hardware that could dramatically increase Colossus’ capabilities.
From Chatbots to Conscious Machines?
According to Altucher, most people are still thinking in terms of consumer-facing AI — like ChatGPT. But this next generation, he says, is something entirely different.
“AI 2.0… gives that knowledge to intelligent machines that I believe will solve our problems for us.”
He warns that a major upgrade could be revealed as early as July 1, marking what he calls a “breakthrough moment” for American AI leadership.
About James Altucher
James Altucher is a computer scientist, entrepreneur, and bestselling author. He previously helped develop IBM’s Deep Blue supercomputer and built early AI-based trading systems on Wall Street. His latest work explores the rapid emergence of Artificial Superintelligence and its implications for national strategy and technological control.
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