I am having a difficult time understanding what the operative meaning of "intelligence" here is. "AI" doesn't transcend the Turing machine. Intelligence doesn't mean more computer cycles per unit time either and compute cycles don't transcend the TM. What makes intelligence intelligence is what it can in principle do; speed is irrelevant. There is no essential difference between AI and non-AI.
99.99% of possible bit arrangements in that 10TB will not do anything good, or useful, or even anything at all.
This comes out to 3.1 × 10^24082399653118
To emphasize the size of that search space- let us measure the diameter of the observable universe in planck lengths, the shortest possible length. We would need over 24 trillion digits to write the number of universes we would need for the quantity of planck lengths to equal the number of possible programs.
That 99.99% number is missing several billion additional 9s.