Business and Finance Business and Finance
Thu, March 20, 2025

Nvidia, Musk's xAI to join Microsoft, BlackRock and MGX to develop AI infrastructure


Published on 2025-03-20 03:21:17 - Reuters
  Print publication without navigation

  • Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand AI infrastructure in the U.S., the companies said on Wednesday, as a global race to dominate the nascent technology intensifies.

The article from MSN discusses a collaboration between Nvidia, Elon Musk's xAI, Microsoft, BlackRock, and MGX to develop advanced AI infrastructure. This partnership aims to leverage Nvidia's expertise in AI computing, xAI's focus on accelerating human scientific discovery, Microsoft's cloud and AI capabilities, BlackRock's financial and investment prowess, and MGX's technology investment strategy. The initiative is part of a broader effort to enhance AI technology, potentially impacting various sectors by providing the necessary computational power and infrastructure to support AI advancements. The collaboration underscores the growing trend of integrating AI across industries, with significant investments aimed at fostering innovation and expanding AI applications.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/topstories/nvidia-musks-xai-to-join-microsoft-blackrock-and-mgx-to-develop-ai-infrastructure/ar-AA1BereZ ]