Nvidia, xAI join group led by Microsoft, BlackRock, MGX to expand AI infra in US

Nvidia, xAI join group led by Microsoft, BlackRock, MGX to expand AI infra in US

FILE PHOTO: Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Nvidia and Elon Musk’s xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand AI infrastructure in the US, the companies said on Wednesday, as a global race to dominate the nascent technology intensifies.

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