Microsoft Corp. is using its partnership with BlackRock to co-fund and accelerate its AI infrastructure development, reducing the direct burden on its funds. BlackRock has now raised $12.5 billion of ...

BlackRock (NYSE:BLK) has raised US$12.5 billion for an artificial intelligence (AI) infrastructure venture backed by Microsoft (NASDAQ:MSFT), deepening its push to support surging AI demand. The ...

Elon Musk is merging his rocket maker SpaceX with his artificial intelligence startup xAI in a deal that changes what a future SpaceX IPO represents. Bloomberg reports that the merged company is ...

Musk is combining rocket maker SpaceX with his AI startup, the largest tie-up in his expansive business portfolio.

Nvidia (NVDA) CEO Jensen Huang said AI has started the largest infrastructure buildout in human history, and more energy, land, and skilled workers are needed. Huang discussed the breakthrough ...

Apollo Global Management (APO) is working on opening up trading on a private debt deal that backs Elon Musk's AI startup xAI Corp, according to a media report on Tuesday. The asset manager has ...