BlackRock, Global Infrastructure Partners (GIP), Microsoft and Abu Dhabi-based MGX announced that NVIDIA and Elon Musk’s xAI will join the Global AI Infrastructure Investment Partnership, now named the AI Infrastructure Partnership (AIP).
NVIDIA and xAI’s addition further strengthens the partnership’s technology leadership as the platform seeks to invest in new and expanded AI infrastructure. NVIDIA will continue in its role as a technical advisor to the AI Infrastructure Partnership, leveraging its expertise in accelerated computing and AI factories to inform the deployment of next-generation AI data center infrastructure.
GE Vernova and NextEra Energy have also agreed to collaborate with the AI Infrastructure Partnership to accelerate the scaling of critical and diverse energy solutions for AI data centers. GE Vernova will also work with the alliance and its partners on supply chain planning and in delivering innovative and high-efficiency energy solutions.
Partnership to unlock $30 billion in capital
The AI Infrastructure Partnership has attracted significant capital and partner interest since its inception in September 2024, highlighting the growing demand for AI-ready data centers and power solutions. The partnership will initially seek to unlock $30 billion in capital from investors, asset owners and corporations, which in turn will mobilize up to $100 billion in total investment potential when including debt financing.
“Artificial Intelligence is not just an industry of the future, it underpins the future. As we welcome new partners to the AI Infrastructure Partnership, we will accelerate innovation and technological breakthroughs to achieve transformational productivity gains across the global economy. Our singular focus is accelerating AI’s responsible and inclusive development for the benefit of humanity,” stated His Highness Sheikh Tahnoon bin Zayed Al Nahyan, chairman of MGX.
Read: ADQ, Energy Capital Partners to invest $25 billion in powering U.S. data center
Investments to primarily focus on the U.S.
By investing in next-generation AI data centers and energy infrastructure, the alliance is not only expanding capacity but also shaping the future of AI-driven economic growth. The addition of both NVIDIA and xAI, each a global AI technology leader, reinforces the partnership’s commitment to scaling an open-architecture platform and fostering a broad ecosystem that supports a diverse range of partners on a non-exclusive basis.
“The global buildout of AI infrastructure will benefit every company and country that wants to achieve economic growth and unlock solutions to the world’s greatest challenges. AI factories built on NVIDIA’s full-stack AI infrastructure will convert data into intelligence that will accelerate every industry and help society achieve unimaginable breakthroughs,” stated Jensen Huang, founder and CEO of NVIDIA.
The AI Infrastructure Partnership’s investments will primarily focus on the U.S. as well as OECD and U.S. partner countries, driving AI innovation, economic expansion, and the advancement of critical digital and energy infrastructure.
“Since we launched this partnership in September, the momentum we have achieved reinforces the need for significant private capital to fund investments in essential infrastructure, particularly to support the continued development of AI. With this announcement, we are proud to welcome our new partners to AIP. Together, we look forward to focusing on our joint ambition to enhance AI innovation and economic growth,” added Bayo Ogunlesi, chairman and CEO of Global Infrastructure Partners.
