BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX have announced that NVIDIA and xAI will join the AI Infrastructure Partnership (AIP). This move strengthens AIP’s leadership in AI technology as it expands investments in AI infrastructure. NVIDIA will also continue as a technical advisor, using its expertise in accelerated computing and AI-driven data centers.
Advancing AI and Energy Solutions
Alongside new partners, AIP is working with GE Vernova and NextEra Energy to enhance energy solutions for AI data centers. GE Vernova will help with supply chain planning and provide advanced energy solutions. These collaborations aim to ensure stable and efficient power for AI operations.
Since its launch in September 2024, AIP has attracted major investor interest. The initiative seeks to secure $30 billion in funding from investors, asset owners, and corporations. When combined with debt financing, this could generate up to $100 billion in total investment, fueling AI-driven economic growth.
Driving AI Innovation and Expansion
By investing in AI infrastructure, AIP is shaping the future of technology and economic development. The inclusion of NVIDIA and xAI supports an open-architecture platform, encouraging collaboration among global AI leaders. AIP’s investments will primarily focus on the U.S., OECD nations, and U.S. partner countries.
H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of MGX, emphasized AI’s significance, stating, “Artificial Intelligence is not just an industry of the future; it underpins the future. With new partners joining AIP, we will accelerate innovation and technological breakthroughs to benefit the global economy.”
Jensen Huang, founder and CEO of NVIDIA, highlighted AI’s role in economic growth: “The expansion of AI infrastructure will help businesses and countries drive innovation. AI factories powered by NVIDIA’s full-stack infrastructure will transform data into intelligence, accelerating progress across industries.”
Microsoft Chairman and CEO Satya Nadella also stressed AI’s importance: “AI infrastructure will play a crucial role in economic growth worldwide. We are excited to welcome new partners to AIP as we build the technology of the future together.”
A Unified Approach to AI and Energy
Larry Fink, Chairman and CEO of BlackRock, noted the partnership’s impact: “AI has the potential to reshape the global economy. However, it needs strong infrastructure. This collaboration brings together technology expertise and private capital to meet the growing demand.”
Bayo Ogunlesi, Chairman and CEO of GIP, added, “Since AIP’s launch, we have seen strong momentum. Private investment is crucial to AI’s development. We are proud to welcome our new partners and continue driving innovation.”
John Ketchum, Chairman and CEO of NextEra Energy, emphasized energy’s role in AI’s expansion: “AI needs a reliable energy supply to grow. Our partnership with GE Vernova and AIP focuses on integrating renewables, battery storage, and future-ready power solutions.”
GE Vernova CEO Scott Strazik echoed this sentiment, saying, “The economies of tomorrow depend on the AI infrastructure we build today. Our approach combines gas, nuclear, and renewables to meet this demand while driving innovation.”
With new partners and increased investment, AIP is set to transform AI infrastructure. The initiative will play a key role in shaping global AI development and economic growth.
