Elon Musk’s xAI and Nvidia — have joined BlackRock, Microsoft and investment fund MGX’s group to expand AI infrastructure across the U.S., the companies announced Wednesday. The fund — called the AI Infrastructure Partnership — at its formation in September of last year,

Nvidia and xAI are set to join a partnership between BlackRock and Microsoft to invest billions in growing the infrastructure needed to power artificial intelligence projects.

Elon Musk’s artificial intelligence startup xAI and chipmaker Nvidia have joined forces with BlackRock, Microsoft and investment fund MGX to expand AI infrastructure across the United States, the companies said on Wednesday.