Elon Musk’s Nvidia and Xai have joined a consortium backed by Microsoft, the MG and Blackrock investment fund to expand the infrastructure of AI in the US, companies said on Wednesday, as a global race to dominate new technology intensify.
The group, formed last year with an intention of initially investing more than $ 30 billion in projects related to it, is one of the biggest efforts to bankrupt the data centers and energy facilities needed to empower it as chatgt.
The additions come two months after President Trump announced Stargate, an Infrastructure Initiative in the private sector supported by Softbank Group, Openai and Oracle, with plans to mobilize up to $ 500 billion.
Investors have made $ 100 billion for deployment immediately, with the rest expected over the next four years.
Consortium – which includes global Blackrock Infrastructure Partners – on Wednesday was renamed the partnership of the infrastructure of it. Nvidia, a technical adviser, will continue in the role.
Training AI and processing large -scale data requires high calculator, which increases energy consumption. To meet the requirements, technology companies are setting thousands of chips in groups, running an increase for specialized data centers.
To finance the needs of the computer and energy, the consortium has sought to raise money from investors, property owners and corporations in order to mobilize up to $ 100 billion, including debt financing.
“AIP has attracted considerable interest in capital and partner since its inception in September,” the group said, but did not disclose the total funds raised so far.
GE Vernova and the Nextera Energy service firm will also be a part of the group, she said, adding that the renewable energy company will work on the planning of the supply chain and high -efficiency energy solutions.
AIP said its investments will also focus on US partners and organizations for economic cooperation and development.
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