Nvidia, xAI Team Up with BlackRock in $100B AI Infrastructure Push

Nvidia, xAI, and BlackRock partner to expand AI infrastructure, targeting massive investment in data centers and energy resources

Mar 19, 2025

Summary

Nvidia and xAI join a global AI infrastructure initiative aiming to raise $100B for AI-driven data centers and energy solutions

Nvidia (NVDA, Financial) and xAI, Elon Musk's artificial intelligence company, have joined the AI Infrastructure Partnership, an initiative focused on building AI-driven data centers and the energy resources needed to power them.

Announced in September 2024, the partnership aims to secure an initial $30 billion in investments, with the potential to reach $100 billion when factoring in debt financing. Nvidia and xAI join BlackRock (BLK, Financial), Microsoft (MSFT, Financial), and MGX in the effort.

Nvidia CEO Jensen Huang said AI infrastructure will drive economic growth globally, noting that Nvidia's full-stack AI technology will help industries accelerate innovation. BlackRock CEO Larry Fink emphasized the project's role in meeting AI's rising infrastructure demands while creating investment opportunities.

Energy firms GE Vernova (GEV, Financial) and NextEra Energy (NEE, Financial) are also involved, with GE Vernova CEO Scott Strazik highlighting a diverse energy strategy, including gas, nuclear, and renewables, to meet increasing demand.

Additionally, BlackRock's Global Infrastructure Partners (GIP) is backing the project, and its CEO Bayo Ogunlesi recently joined OpenAI's board.

Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.