AnewZ Morning Brief - 5th August, 2025
Start your day informed with AnewZ Morning Brief: here are the top news stories for 5th August, covering the latest developments you need to know....
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.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
Tesla has granted Elon Musk a $29 billion share award as part of a new compensation plan to retain him as CEO while the company shifts focus from electric cars to robotaxis and AI. The move revives elements of a controversial 2018 package previously struck down by a Delaware court.
OPEC+ will increase oil production by 547,000 barrels per day in September after eight members of the organisation held a brief virtual meeting on Sunday. They said the company will continue to accelerate its output hikes to regain market share.
McDonald's plans to significantly expand its investments in artificial intelligence by 2027, with India expected to play a central role in data governance, engineering, and platform development, a senior executive said on Friday.
U.S. President Donald Trump has sharply criticised Federal Reserve Chair Jerome Powell following the central bank’s decision to keep interest rates unchanged.
Microsoft’s market capitalization surpassed $4 trillion in after-hours trading on Wednesday following a stronger-than-expected earnings report for its fiscal fourth quarter, driven by robust growth in its cloud business.
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