Elon Musk's AI Venture Collaborates with Nvidia and Major Investors
Finance/Tech

Elon Musk's AI Venture Collaborates with Nvidia and Major Investors

Elon Musk’s xAI and Nvidia have joined forces with Microsoft, BlackRock, and MGX to form a partnership aimed at enhancing AI infrastructure in the U.S.

Overview

Major players in artificial intelligence (AI), Elon Musk’s xAI and Nvidia, have teamed up with BlackRock, Microsoft, and MGX to bolster AI infrastructure throughout the United States. This announcement was made on Wednesday.

The AI Infrastructure Partnership aims to launch with over $30 billion in initial funding to create essential data centers and energy projects for large-scale AI models.

Key Facts:

  • The initial data center is projected to be operational by 2026 in Abilene, Texas, housing 400,000 Nvidia AI chips.
  • Nvidia will act as the technical advisor for the partnership.

Elon Musk’s involvement comes shortly after the announcement of Stargate, a private initiative led by U.S. President Donald Trump focusing on building up to 20 large AI data centers in collaboration with other industry giants.

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