Nvidia and xAI have joined the AI Infrastructure Partnership (AIP), an investment fund led by BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, Microsoft, and Abu Dhabi's MGX to expand AI infrastructure in the US. The partnership aims to accelerate AI infrastructure development, particularly in data centers and energy solutions.
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AIP's Mission
The AIP was formed in September last year with an initial goal of investing over USD 30 billion in AI-related projects, with capital from investors, asset owners, and corporations. This, in turn, will mobilise up to USD 100 billion in total investment potential, including debt financing.
Role of Nvidia, GE Vernova and NextEra Energy
Nvidia will continue as AIP's technical advisor, leveraging its expertise in AI computing and data center technologies. Meanwhile, energy giants GE Vernova and NextEra Energy will collaborate on developing sustainable power solutions to support AI-driven data centers.
"GE Vernova will also work with AIP and its partners on supply chain planning and in delivering innovative and high efficiency energy solutions." BlackRock noted.
"By investing in next-generation AI data centers and energy infrastructure, the companies said in a joint statement that "AIP is not just expanding capacity—it is shaping the future of AI-driven economic growth. The addition of Nvidia and xAI reinforces AIP'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 companies said AIP's investments will primarily focus on the US as well as OECD and US partner countries, driving AI innovation, economic expansion, and the advancement of critical digital and energy infrastructure.
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Leaders on the Future of AI Infrastructure
Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of MGX, said, "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."
Jensen Huang, founder and CEO of Nvidia, said, "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."
"AI infrastructure will play an increasingly critical role in driving economic growth across every industry and every region of the world," said Satya Nadella, Chairman and CEO, Microsoft. "We're thrilled to welcome these new companies to the AI Infrastructure Partnership as we invest together to build the infrastructure of the future."
Larry Fink, Chairman and CEO of BlackRock, said, "AI has the potential to transform the global economy if we can build the necessary infrastructure to support it. We believe this unparalleled partnership of leading global companies across the AI ecosystem brings technology expertise together with private capital to meet this demand and creates unique investment opportunities for our clients. This partnership also demonstrates the powerful combination of BlackRock's global relationships with GIP's infrastructure capabilities."
"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," said Bayo Ogunlesi, Chairman and CEO of Global Infrastructure Partners. "With today's 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."
John Ketchum, Chairman and CEO of NextEra Energy, said, "In order to realise the full potential of Artificial Intelligence we must develop and support the energy infrastructure and data centers that will fuel this technology. Doing this will require an all forms of energy solution that leverages ready-now renewables and battery storage coupled with gas-fired and nuclear generation in the future. Our collaboration with GE Vernova and AIP is intended to get as many electrons onto the grid as quickly and most cost effectively as possible."
"The jobs and economies of tomorrow will be built on the infrastructure we develop today to support the rapid growth of AI," said GE Vernova CEO Scott Strazik. "Our company is focused on an all-of-the-above approach with our customers to meet this unprecedented demand, utilizing gas, nuclear, wind and more, while continuing to drive innovation to reduce emissions. We look forward to working with AIP and its partners, a group that brings substantial capability and efficiency to this critical work."
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Major AI Infrastructure Investments in 2025
The announcement follows a wave of significant AI infrastructure investments in 2025. Microsoft has committed USD 80 billion to AI data centers, while CoreWeave secured an USD 11.9 billion deal with OpenAI. French telecom group Iliad has pledged USD 3 billion to expand AI infrastructure in Europe.
