BlackRock's AI Infrastructure Investment Initiative Adds NVIDIA and xAI as Partners

Global asset management firm BlackRock announced on March 19 that its artificial intelligence infrastructure investment partnership—jointly launched with Global Infrastructure Partners, Microsoft, and MGX—has officially welcomed NVIDIA and xAI as collaborators.

The investment initiative focuses on data centers, computing resources, and related infrastructure development, aiming to meet the growing computational demands driven by the rapid advancement of AI models. The inclusion of NVIDIA, a global leader in AI chips, is seen as a key technological pillar for the project.

Industry experts note that this collaboration reflects the emergence of a new, deeply integrated landscape in the AI industry—one characterized by close synergy among capital, cloud platforms, chips, and models—with infrastructure becoming a critical battleground in AI competition.