Nvidia, Microsoft, BlackRock and Elon Musk's xAI are part of a consortium of investors that has agreed to purchase Aligned Data Centers for $40 billion, the companies announced on Wednesday, October ...

The AI bubble just keeps getting bigger. A consortium featuring BlackRock, Microsoft, Nvidia, xAI, and MGX is buying Aligned Data Centers in a deal valuing the operator at around $40 billion, in what ...

In the latest land grab of the AI infrastructure boom, a Nvidia-backed startup is joining forces with cloud computing heavyweight CoreWeave to build a sprawling, self-powered data center complex in ...

A consortium of investors called Artificial Intelligence Infrastructure Partnership—which includes BlackRock, NVIDIA, and Microsoft—is acquiring North Texas-based Aligned Data Centers in a deal that ...

Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...

"Whenever a small group of dominant companies gains control of an emerging industry, competitive risks are inevitable," Mogin Law wrote in a note to clients. Nvidia's recent wave of ...

A group of investors including Nvidia are backing Elon Musk’s xAI in an ongoing funding round that has racked up $20 billion thus far, according to a report. The financing round includes debt and ...

Elon Musk’s artificial intelligence startup xAI is raising more financing than initially planned, tapping backers including Nvidia Corp. to lift its ongoing funding round to $20 billion, according to ...

Elon Musk's xAI operates the Grok model that competes against OpenAI's ChatGPT. Artificial-intelligence companies have gotten creative as they look to finance the chip purchases seemingly required to ...

Elon Musk's artificial intelligence (AI) startup, xAI, is reportedly seeking to raise up to US$20 billion in a new funding round that includes an equity investment from Nvidia, according to Bloomberg.

Elon Musk's artificial intelligence startup, xAI (X.AI) has been reportedly raising more financing than initially planned, aiming to bring its ongoing funding round to a massive $20 billion, Bloomberg ...

Artificial-intelligence companies have gotten creative as they look to finance the chip purchases seemingly required to keep pace in the technological arms race. A new report suggests Elon Musk’s xAI ...