Nvidia and Elon Musk's xAI have joined a consortium featuring Microsoft, MGX, and BlackRock, aimed at enhancing AI infrastructure in the US. The group plans to initially inject over $30 billion into AI-centric projects, marking a significant move in the competitive landscape of AI technology. This announcement comes shortly after a similar initiative, Stargate, was unveiled by President Trump, projecting up to $500 billion in funding. The AI Infrastructure Partnership, as it is now called, will depend on substantial capital investment to meet rising computational and energy demands for AI applications.
Nvidia and Elon Musk's xAI have joined a consortium including Microsoft and BlackRock to boost US AI infrastructure amid a global technology race.
The consortium aims to invest over $30 billion initially and has since renamed itself the AI Infrastructure Partnership, focusing on data centers for AI applications.
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