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    Home » Microsoft, BlackRock Partner with Elon Musk’s xAI in $30 Billion AI Infrastructure Project
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    Microsoft, BlackRock Partner with Elon Musk’s xAI in $30 Billion AI Infrastructure Project

    techgeekwireBy techgeekwireMarch 19, 2025No Comments1 Min Read
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    Microsoft, a major investor in OpenAI, and BlackRock, which has a board member at the AI company, are joining forces with one of OpenAI’s primary competitors.

    Abu Dhabi’s MGX, Microsoft, and BlackRock have announced that Elon Musk’s xAI is now a participant in their initiative to build $US30 billion ($47.4 billion) worth of data centers and other artificial intelligence infrastructure. Nvidia, the AI chipmaker previously named as a technical advisor, is also formally joining the project, according to a statement released on Wednesday (Thursday AEDT). The statement did not disclose the financial commitments of each member.

    AI BlackRock Elon Musk Microsoft OpenAI
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