Recently, xAI, Elon Musk's AI company, and Nvidia joined Microsoft and BlackRock's AI Infrastructure Partnership (AIP), aiming to accelerate investment in new and expanded AI infrastructure. This collaboration will further solidify the partnership's leadership and drive the global development of AI infrastructure.
Image Source Note: Image generated by AI, licensed by Midjourney.
According to the announcement, AIP, initially formed last September, aims to raise $30 billion to mobilize up to $100 billion in potential investment. AIP also plans to collaborate with GE Vernova and NextEra Energy to advance crucial diversified energy technologies supporting AI data centers. GE Vernova will participate in supply chain planning and developing innovative, high-efficiency energy solutions to meet the growing demands of AI infrastructure.
Satya Nadella, Chairman and CEO of Microsoft, stated, "AI infrastructure will play an increasingly vital role in driving economic growth across industries globally." He welcomed the new companies to AIP, emphasizing their collective efforts in building the infrastructure of the future. Jensen Huang, founder and CEO of Nvidia, also highlighted that building global AI infrastructure will benefit every nation and business seeking economic growth and solutions to significant global challenges.
AIP's investments primarily focus on the United States and OECD member countries, aiming to drive AI innovation, economic growth, and the development of digital and energy infrastructure. Larry Fink, Chairman and CEO of BlackRock, noted, "AI has the potential to transform the global economy if we build the necessary infrastructure." He believes this unique partnership of leading global companies combines technological expertise with private capital to meet growing demands and create unique investment opportunities for clients.
Through this collaboration, AIP hopes to achieve sustainable economic growth and provide various breakthrough solutions for society.
Key Highlights:
🌍 AIP plans to raise $30 billion, mobilizing up to $100 billion in AI infrastructure investment.
💡 Nvidia will continue as a technology advisor, driving the global development of AI infrastructure.
🤝 New companies joining AIP are committed to fostering AI innovation and economic growth.
