xAI Joins Microsoft-BlackRock’s $30 Billion AI Fund
The revamped partnership, previously unveiled as the Global AI Infrastructure Investment Partnership in September 2024, would concentrate on addressing rising computational demands of high-end AI systems by developing data centers for their specific purposes and establishing green energy technologies.
Elon Musk’s AI Start-Up and Nvidia Join Microsoft, BlackRock, MGX AI Fund
Elon Musk’s xAI and Nvidia — have joined BlackRock, Microsoft and investment fund MGX’s group to expand AI infrastructure across the U.S., the companies announced Wednesday. The fund — called the AI Infrastructure Partnership — at its formation in September of last year,
The fund posted returns of -1.67% (Institutional shares) and -1.79% (Investor A shares, without sales charge) for the fourth ...
The group, formed last year with a goal to initially invest more than $30 billion in AI-related projects, is one of the ...
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