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

On Wednesday, BlackRock Inc BLK announced that along with its subsidiary Global Infrastructure Partners (GIP), Microsoft Corp MSFT, and MGX, has given major updates to the AI Infrastructure Partnership (AIP), a collective initiative aimed at developing next-generation AI data centers and energy solutions.

This collaboration will include the addition of tech giants NVIDIA Corp NVDA and Elon Musk's AI venture xAI, further solidifying the partnership's leadership in AI infrastructure.

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NVIDIA will maintain its position as a technical advisor, contributing its AI computing and hardware knowledge.

The company's participation will support the platform in rolling out AI data center infrastructure. This collective is focused on broadening and advancing AI capabilities, with a specific emphasis on creating energy-efficient solutions for AI data centers.

Today, NVIDIA announced products, including Blackwell Ultra, Rubin, and co-packaged optics technology that enables data centers to deploy more GPUs.

Nvidia has consistently achieved roughly a 4x boost in AI computing power with each new generation, from Hopper in 2022 to Blackwell in 2024 and the expected Rubin in 2026.

Further boosting this initiative, GE Vernova Inc. GEV and NextEra Energy Inc. NEE have joined the partnership, promising to contribute their resources to scaling energy solutions essential for AI infrastructure.

GE Vernova will also play a key role in supply chain planning and delivering cutting-edge energy solutions to support AI data centers.

Since its launch in September 2024, AIP has already attracted strong interest from investors and corporations. With an initial target to unlock $30 billion in capital, the partnership expects to generate up to $100 billion in total investment potential, including debt financing.

These funds will focus on building critical AI infrastructure, driving economic growth, and advancing digital and energy capabilities.

The partnership's investments will initially prioritize AI data centers in the United States and other OECD countries.

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