Xai and Nvidia Elon Musk join Blackkkk and Microsoft’s AI Fund of $ 30 billion
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Elona Mena XAI and NVIDIA artificial intelligence company become partners in the AI infrastructure fund for multi -million dollars supported by Blackkock, Microsoft and Abu Dhabi, while companies are rushing with data centers and energy projects for generative AI.
Technology groups announced on Wednesday to join the so -called AI infrastructure partnership, with plans for initially collect $ 30 billion From investors and companies, with the aim of securing up to $ 100 billion in total investment, including debt financing.
The investment vehicle is aimed at resolving incredible requirements for construction and digital infrastructure Ai The products that are expected to face in the coming years with severe narrow heads of capacity. The AI computer power requires much more energy than previous technological innovations and has strained the existing energy infrastructure.
Blackkck started the Fund in September last year, together with Microsoft and Abu Dhabi AI MGX investment fund. Nvidia, who already provides technical advice to the Fund, becomes a full partner together with Musk’s XAI, which appears as an AI start-up company such as Openi.
Musk’s start-up is already planning to implement more than 1 Mn of graphic units for processing-ICKOVA needed to train the top AI-I-I-I-ran gather of more than 100,000 NVIDIA GPU.
“The global construction of AI infrastructure will use any company and country that wants to achieve economic growth and unlock solutions for the world’s biggest challenges,” said Nvidia Jensen Huang.
Part of the financial muscle behind the Fund comes from Abu Dabi, which uses its huge oil wealth to bet on the AI large extent. His efforts lead to a powerful National Security Advisor of the United Arab Emirates Sheikh Tahnoon bin Zayed al-Nahyan, who met US President Donald Trump on Tuesday night during Washington’s visit.
Ai “supports the future,” said Sheikh Tahnoon, a MGX chair.
This move comes two months after SoftBank and Openi, a company behind Chatgpta, launched its own “Stargate” project to build AI infrastructure, which Trump approved with plans to spend up to $ 100 billion.
Following Announcement of the stars In January, Microsoft said he would change the structure of his job with OpenIA to launch the use of rival lining services in the cloud.
Technical companies have committed huge amounts for capital expenditures dedicated to the construction of AI. Microsoft has committed to spending approximately $ 80 billion in the current fiscal year at the end of June 30 to build an infrastructure of the data center needed to train the AI model and implement the applications.
This has led to concern about the energy consumption needed to supply data centers. The International Energy Agency estimates that global electricity consumption by data centers could surpass 1,000 teravat by 2026, which is more than a double amount used in 2022.