Elon Musk’s Nvidia and Xai have joined a Microsoft -backed consortium, the MGX and Blackrock investment fund to expand the AI ​​infrastructure in the US, companies said Wednesday after a global race to overcome new technology intensifies.
The group, formed last year with an intention of initially investing more than $ 30 billion in projects related to it, is one of the biggest efforts to bankrupt the data centers and energy facilities needed to empower it as chatgt.
The additions come two months after President Trump announced Stargate, a private sector infrastructure initiative supported by Softbank Group, Openai and Oracle, with plans to mobilize up to $ 500 billion.
Investors have engaged $ 100 billion for immediate deployment, with the rest expected over the next four years.
Consortium – which includes global Blackrock infrastructure partners – on Wednesday was renamed the infrastructure partnership. Nvidia, a technical adviser, will continue in the role.
Training AI and processing large -scale data requires high calculator, which increases energy consumption. To meet the requirements, technology companies are setting thousands of chips in groups, running an increase for specialized data centers.
To finance computing and energy needs, the consortium has sought to raise money from investors, property owners and corporations, in order to mobilize up to $ 100 billion, including debt financing.
“AIP has attracted considerable interest in capital and partner since its inception in September,” the group said, but did not disclose the total funds raised so far.
GE Vernova and the Nextera Energy service firm will also be a part of the group, she said, adding that the renewable energy company will work on the planning of the supply chain and high -efficiency energy solutions.
AIP said its investments will also focus on US partners and organizations for economic cooperation and development.
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