Nvidia and Elon Musk’s xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand AI infrastructure in the US, the companies said Wednesday, as a global race to dominate the nascent technology intensifies.
The group, formed last year with a goal to initially invest more than $30 billion in AI-related projects, is one of the biggest efforts to bankroll data centers and energy facilities needed to power AI applications such as…
Article Source
https://nypost.com/2025/03/19/business/nvidia-elon-musks-xai-team-up-with-microsoft-blackrock-to-develop-ai-infrastructure/
