NVIDIA And Elon Musk’s xAI Join BlackRock, Microsoft Led AI Infrastructure Partnership

From Yahoo Finance: 2025-03-19 21:34:00

BlackRock, Microsoft, and MGX have updated the AI Infrastructure Partnership (AIP) with NVIDIA and Elon Musk’s xAI joining. NVIDIA will provide technical expertise to develop energy-efficient AI data centers. GE Vernova and NextEra Energy have also joined, aiming to scale energy solutions for AI infrastructure. The partnership targets $100 billion in total investment potential.

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