BlackRock, Microsoft, and Abu Dhabi's MGX say Nvidia and xAI joined a consortium to build AI infrastructure in the US; investors committed $100B for deployment (Akash Sriram/Reuters)

Akash Sriram / Reuters: BlackRock, Microsoft, and Abu Dhabi's MGX say Nvidia and xAI joined a consortium to build AI infrastructure in the US; investors committed $100B for deployment  —  Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand AI infrastructure …

Mar 19, 2025 - 15:29
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BlackRock, Microsoft, and Abu Dhabi's MGX say Nvidia and xAI joined a consortium to build AI infrastructure in the US; investors committed $100B for deployment (Akash Sriram/Reuters)

Akash Sriram / Reuters:
BlackRock, Microsoft, and Abu Dhabi's MGX say Nvidia and xAI joined a consortium to build AI infrastructure in the US; investors committed $100B for deployment  —  Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand AI infrastructure …