Elon Musk’s xAI and Nvidia have joined BlackRock, Microsoft, and Abu Dhabi’s MGX in a $30 billion AI Infrastructure Partnership, aiming to expand to $100 billion.
This initiative focuses on building AI data centers and energy-efficient solutions to support the increasing computational demands of artificial intelligence.
The partnership highlights AI’s growing need for high-performance infrastructure, with Abu Dhabi playing a key role in funding. Companies like GE Vernova and NextEra Energy are also involved in developing sustainable energy sources for these AI facilities.
The move follows Microsoft’s $80 billion investment in AI infrastructure and SoftBank’s $100 billion “Stargate” project.
With AI becoming more advanced, this collaboration underscores the race to create the necessary infrastructure for its future growth, positioning the involved companies as leaders in the AI revolution.