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)

Posted on March 19, 2025
By Paul
In Consumer Assistance
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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 …

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