Elon Musk's xAI and Nvidia join Microsoft, Blackstone, and MGX AI funds to help expand AI infrastructure

According to CoinDesk, Musk's xAI and Nvidia have joined Microsoft, Blackstone, and MGX investment funds to jointly expand the AI infrastructure in the United States. The fund, named AI Infrastructure Partnership, plans to raise over $30 billion to build data centers and energy projects that support large-scale AI models. The first data center will be completed in 2026, located in Abilene, Texas, accommodating approximately 400000 Nvidia AI chips and providing 1.2 gigawatts of power supply.