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

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Sun, March 23, 2025

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[ Wed, Mar 19th ]: Reuters

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

//business-finance.news-articles.net/content/202 .. ckrock-and-mgx-to-develop-ai-infrastructure.html

Published in Business and Finance on Thursday, March 20th 2025 at 3:21 GMT by Reuters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

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 ]

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