Nvidia and Elon Musk’s xAI are now part of the AI Infrastructure Partnership (AIP). This group also includes Microsoft, BlackRock, and MGX. They aim to boost AI infrastructure in the U.S. The partnership started last year and plans to invest over $30 billion in AI projects. They focus on data centers. They also provide energy solutions for large-scale AI applications.
This move happens as global competition in AI heats up. The $500 billion Stargate project, backed by SoftBank, OpenAI, and Oracle, is also gaining momentum. AIP has secured $100 billion in funding. It plans to raise more capital from investors and asset owners. Nvidia will be the technical advisor. GE Vernova and NextEra Energy will share their expertise in renewable energy and supply chain planning.
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AI models require more computing power, so it’s important to invest in infrastructure. This helps scale operations effectively. The consortium focuses on energy-efficient solutions. This shows the industry’s shift towards sustainable AI development. AIP will focus on investing in the U.S. and other OECD countries. This will help it become a major player in developing next-generation AI infrastructure.
