Musk’s xAI Startup Joins Microsoft-BlackRock B AI Fund

Musk’s xAI Startup Joins Microsoft-BlackRock $30B AI Fund

(Bloomberg) — Microsoft Corporation, the biggest backer of Sam Altman’s OpenAI, and BlackRock, which has an executive on the artificial intelligence startup’s board, are joining forces with one of his chief rivals.

Microsoft and BlackRock said Wednesday that Elon Musk’s xAI is joining their effort to build $30 billion worth of data centers and other artificial intelligence infrastructure. The AI chipmaker Nvidia Corporation, which was already named as a technical adviser to the group…

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