Elon Musk’s XAI and Nvidia joins

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The Xai and Chipmaker Nvidia has become partners in the financial infrastructure fund with millions of dollars backed by Blackrock, Microsoft and Abu Dhabi, where companies have rushed to build databases and energy projects in AI.

Technology groups said on Wednesday that it will join the so -called Amnesty International Infrastructure Plans, with plans to start at the beginning. Rapid of 30 billion dollars Investors and companies, with the aim of obtaining up to $ 100 billion in total investment, including debt financing.

The investment car aims to process amazing energy and the construction digital infrastructure Amnesty International Products that are expected to face sharp bottlenecks in the coming years. Amnesty International Computing requires much more energy than previous technological innovations and the current energy infrastructure.

Blackrock launched the box in September last year alongside Microsoft and Abu Dhabi Ai Investment Fund MGX. NVIDIA, which already provides the Fund’s technical advice, has become a full partner alongside Musk’s Xai, which stands out as a competitor to AI companies like Openai.

Upon starting the Musk, plans to publish more than 1MN-chips for the AI ​​training on the limbs-a group of more than 100,000 NVIDIA graphics processing units.

“The global infrastructure of Amnesty International will benefit every company and country that wants to achieve economic growth and open solutions to the world’s largest challenges,” said Nafidia’s president.

Part of the financial muscles behind the fund comes from Abu Dhabi, which takes advantage of its wide oil wealth to get heavily betting on artificial intelligence. Its efforts are led by the strong national security adviser in the United Arab Emirates, Sheikh Tahain bin Zayed Al -Nayhaya, who met US President Donald Trump on Tuesday evening during a visit to Washington.

Sheikh Tanon, MGX, said that artificial intelligence supports the future.

The move comes two months after the launch of Softbank and Openai, the company behind Chatgpt, their “Stargate” project to build the Amnesty International Infrastructure, which was approved by Trump with plans to spend up to $ 100 billion.

after Stargit advertisement In January, Microsoft said it would change the structure of Openai’s deal to enable the start of the cloud computing services for competitors.

Technology companies have committed huge sums of capital expenditures designated for building artificial intelligence. Microsoft has pledged to spend approximately $ 80 billion in the current fiscal year ending June 30 to create the infrastructure of the data center needed to train artificial intelligence models and publish applications.

This has worried about using the energy needed to provide data centers. The International Energy Agency estimates that global electricity consumption by databases can exceed 1000 hours by 2026, more than twice the amount used in 2022.