Elon Musk’s xAI and chipmaker Nvidia have joined a $30 billion artificial intelligence (AI) infrastructure project.
The AI Infrastructure Fund, backed by BlackRock, Microsoft and Abu Dhabi AI investment group MGX, announced the two-high profile sign-ups Wednesday (March 19), noting that their ultimate goal was to raise up to $100 billion for artificial intelligence (AI) development.
“The global buildout of AI infrastructure will benefit every company and country that wants to…
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https://www.pymnts.com/artificial-intelligence-2/2025/nvidia-and-xai-sign-on-to-30-billion-ai-infrastructure-fund/
