AI Infrastructure Partnership Expands to Include NVIDIA and xAI

The AI Infrastructure Partnership (AIP), established by MGX, BlackRock, Global Infrastructure Partners, and Microsoft, expanded to include NVIDIA and xAI. This partnership aims to invest in AI infrastructure, attracting US$30 billion in capital and potentially mobilizing up to US$100 billion including debt financing. GE Vernova and NextEra Energy will collaborate with AIP to develop energy solutions for AI data centers. Their focus includes utilizing renewables and battery storage to support AI technology’s demands.