Ivory Coast holds presidential election
Ivory Coast is voting in a presidential election on Saturday with incumbent and strong favourite Alassane Ouattara, 83, claiming credit for nearly 15 ...
In a significant move amid the global race for artificial intelligence dominance, Nvidia and Elon Musk’s xAI have joined a consortium backed by Microsoft and BlackRock to expand AI infrastructure across the United States.
The group, originally formed last year with plans to invest more than $30 billion in AI-related projects, is one of the largest efforts to finance the data centers and energy facilities needed to power AI applications like ChatGPT.
The consortium, which has recently rebranded itself as the AI Infrastructure Partnership (AIP), is now broadening its membership with the additions of Nvidia and xAI, further enhancing its technical and strategic capabilities. Nvidia will continue its role as a technical advisor, while xAI’s participation underscores the growing influence of Elon Musk’s initiatives in the artificial intelligence space.
Training AI models and processing large-scale data require immense computational power—a demand that significantly increases energy consumption. To meet these needs, AIP is focused on building specialized data centers and developing energy solutions that can handle the rigorous power demands of next-generation AI technologies. The partnership is actively seeking to mobilize up to $100 billion, including debt financing, from investors, asset owners, and corporations.
The renewed momentum for AIP comes just two months after U.S. President Donald Trump announced Stargate, a separate private-sector AI infrastructure initiative backed by SoftBank Group, OpenAI, and Oracle, with plans to mobilize up to $500 billion. While investors in Stargate have committed $100 billion for immediate deployment, the AIP consortium’s efforts signal a parallel drive to strengthen the AI foundation in the U.S. market.
In addition to its core tech players, the consortium includes major institutional investors such as Abu Dhabi-backed MGX and BlackRock’s Global Infrastructure Partners. Utility giants GE Vernova and NextEra Energy have also joined, with NextEra set to contribute through supply-chain planning and high-efficiency energy solutions, ensuring that the growing network of data centers operates sustainably.
“AIP has attracted significant capital and partner interest since its inception, and our focus remains on U.S. partners and organizations within the OECD,” the group stated in a release. As the competition to build a robust AI infrastructure intensifies, the collaboration between these leading tech and investment firms is expected to play a crucial role in shaping the future landscape of artificial intelligence in the United States.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Türkiye’s main stock index, BIST 100, closed on Friday at 10,941.79 points, recording a 3.14% increase.
Türkiye has emerged as Europe’s largest steel producer and the world’s seventh largest in the first eight months of 2025, producing 36.9 million tonnes last year, according to sector officials.
Germany’s Adidas increased its full-year profit guidance, saying it managed to cushion some of the extra expenses resulting from higher U.S. tariffs.
Germany’s Adidas on Tuesday raised its full-year operating profit forecast, saying it had successfully offset part of the additional costs caused by higher U.S. tariffs.
New Zealand's annual inflation accelerated in the third quarter, reaching 3.0%, which aligns with analysts' expectations and is at the upper end of the central bank's target range, according to official data released on Monday.
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