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Musk’s xAI joins Microsoft-BlackRock $47b AI fund

Mark Bergen and Alex Dooler
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Microsoft, the biggest backer of Sam Altman’s OpenAI, and BlackRock, which has an executive on the artificial intelligence start-up’s board, are joining forces with one of their chief rivals.

Abu Dhabi’s MGX, Microsoft and BlackRock said Elon Musk’s xAI was joining their effort to build $US30 billion ($47.4 billion) worth of data centres and other artificial intelligence infrastructure.

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    Original URL: https://www.afr.com/technology/musk-s-xai-joins-microsoft-blackrock-47b-ai-fund-20250320-p5lky6