Leading US investment company BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, Microsoft, and MGX have announced that NVIDIA and xAI will join the Global AI Infrastructure ...

Microsoft, which has invested about US$13 billion in OpenAI, has increasingly been developing AI outside that partnership.

BlackRock and Microsoft last year unveiled the coalition in partnership with MGX and Bayo Ogunlesi’s Global Infrastructure Partners. The companies said at the time they would seek $30 billion of ...

Microsoft Corp, the biggest backer of Sam Altman's OpenAI, and BlackRock Inc, which has an executive on the artificial ...

Microsoft Corp. and BlackRock Inc. announced Wednesday that Elon Musk’s xAI will join their US$30 billion initiative to ...

Bayo Ogunlesi, CEO of GIP, expressed pride in the momentum and welcomed the new partners. John Ketchum, CEO of NextEra Energy, and Scott Strazik, CEO of GE Vernova, both underscored the importance of ...

Nvidia, xAI, and BlackRock partner to expand AI infrastructure, targeting massive investment in data centers and energy resources ...

MGX has also backed OpenAI, poured money into xAI, and is among entities helping bankroll U.S. President Donald Trump’s $100 billion AI investment plan dubbed Stargate. It’s overseen by one of the ...