On Wednesday, BlackRock, Global Infrastructure Partners (a subsidiary of BlackRock), Microsoft, and UAE-based MGX announced the addition of NVIDIA and XAÏ to the Global AI Infrastructure Partnership, which has been renamed to the AI Infrastructure Partnership.

This rebranding aims to bolster the partnership’s leadership in technology, as it sets out to invest in new and expanded AI infrastructure.

NVIDIA will continue its role as a technical advisor to the AI Infrastructure Partnership, leveraging its expertise in accelerated computing and AI factories to support the deployment of next-generation AI infrastructure technologies.

Furthermore, GE Vernova and NextEra Energy have reached an agreement to collaborate with the AI Infrastructure Partnership in order to accelerate the development of bioenergy and diverse energy solutions for AI data centers.

GE Vernova will work closely with the partnership and its members to plan supply chains and provide innovative, highly efficient energy solutions.

Since its launch in September 2024, the AI Infrastructure Partnership has attracted significant interest from investors and partners, reflecting the rising demand for AI-ready data centers and energy solutions.

Initially, the partnership aims to secure $30 billion in capital from investors, asset holders, and corporations, which could potentially allocate up to $100 billion in total investments when including debt financing.

By investing in next-generation AI data centers and energy infrastructure, the AI Infrastructure Partnership is set to expand capacity and shape the future of economy driven by AI. The inclusion of NVIDIA and XAÏ, both prominent global technology leaders in AI, signifies the partnership's commitment to expanding an open-architecture platform that fosters a wide ecological system supporting a diverse array of partners on a non-exclusive basis.

Investment efforts by the AI Infrastructure Partnership will primarily focus on the United States, alongside OECD partner countries and allied nations, enhancing innovation in AI, economic expansion, and the development of digital and bioenergy infrastructure.

Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and Chairman of MGX, remarked that AI is not merely a future sector but the fundamental pillar upon which future landmarks are built.

With new partners joining the AI Infrastructure Partnership, he expressed confidence in continuing to drive innovation and accelerate technological advancements that achieve qualitative transformations in global productivity.

He emphasized a steadfast commitment to developing AI responsibly and sustainably, contributing to human welfare and global progress.

Jensen Huang, founder and CEO of NVIDIA, stated that global expansion in the provision of AI infrastructure will benefit every company and nation seeking to achieve economic growth and address pressing global challenges.

He noted that AI factories, based on NVIDIA's integrated AI infrastructure, will convert data into intelligent insights that expedite growth across various business sectors, aiding society in achieving unprecedented accomplishments.

Satya Nadella, Chairman and CEO of Microsoft, highlighted that AI infrastructure will serve as a foundational pillar to propel economic growth across multiple industries and regions worldwide.

He expressed satisfaction with the involvement of new companies in the AI Infrastructure Partnership and looked forward to collaboratively building the technological foundations that will support future innovation.

Larry Fink, Chairman and CEO of BlackRock, articulated that AI has the potential to radically transform the global economy, provided the necessary infrastructure is in place to support it.

He asserted that this exceptional partnership, combining leading global companies in the AI ecosystem, integrates technical expertise with private capital to meet burgeoning demand, thereby creating unique investment opportunities for clients.

Baio Ogunlesi, Chairman and CEO of Global Infrastructure Partners, expressed that since the partnership's inception, the momentum observed has underscored the urgent need for large-scale private capital investments to support essential infrastructure, particularly with the rapid evolution of AI. He welcomed new partners into the AI Infrastructure Partnership and anticipated accelerating AI innovation and fostering broad economic growth.

John Ketchum, Chairman and CEO of NextEra Energy, explained that to maximize AI's potential, the development and support of energy infrastructure and data centers that form the foundation of this technology is essential.

This entails integrated solutions across various energy sources, from renewable energy and battery storage to future gas and nuclear generation.

Through collaboration with GE Vernova and the AI Infrastructure Partnership, he emphasized the necessity to inject as much electrical energy into the grid as quickly and efficiently as possible.

Scott Strzask, CEO of GE Vernova, noted that the future of jobs and economies hinges on the infrastructure established today to facilitate the accelerated growth of AI. He described an integrated approach that meets the increasing needs of clients by leveraging gas, nuclear energy, wind, and other sources while fostering innovation to reduce emissions.

He expressed eagerness to collaborate with the AI Infrastructure Partnership and its partners, who possess leading capabilities and high efficiency to accomplish this vital transformation.