financetom
Business
financetom
/
Business
/
Nvidia, xAI to join Microsoft, BlackRock to develop AI infrastructure
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nvidia, xAI to join Microsoft, BlackRock to develop AI infrastructure
Mar 19, 2025 3:56 AM

March 19 (Reuters) - Elon Musk's xAI and AI chip giant

Nvidia will be part of a group to develop infrastructure for

artificial intelligence, BlackRock ( BLK ), Microsoft ( MSFT )

and Abu Dhabi-backed investment company MGX said on Wednesday.

(Reporting by Akash Sriram in Bengaluru; Editing by Arun

Koyyur)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Brazil's TIM may benefit from Telecom Italia's network sale
Brazil's TIM may benefit from Telecom Italia's network sale
Jun 13, 2024
RIO DE JANEIRO, June 13 (Reuters) - The chief executive of TIM Brasil, Alberto Griselli, said on Thursday that its parent company Telecom Italia's agreement to sell its physical network could provide an additional boost for its business in Brazil. Brazil is the group's priority; the crown jewel, he told Reuters on the outskirts of an innovation and technology event...
Rbc Bearings Insider Sold Shares Worth $387,803, According to a Recent SEC Filing
Rbc Bearings Insider Sold Shares Worth $387,803, According to a Recent SEC Filing
Jun 13, 2024
04:22 PM EDT, 06/13/2024 (MT Newswires) -- Steven H. Kaplan, Director, on June 11, 2024, sold 1,400 shares in Rbc Bearings ( RBC ) for $387,803. Following the Form 4 filing with the SEC, Kaplan has control over a total of 2,593 shares of the company, with 2,593 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1324948/000159396824000850/xslF345X03/primary_01.xml Price: 271.61, Change: -3.25, Percent Change:...
Toll Brothers Insider Sold Shares Worth $463,730, According to a Recent SEC Filing
Toll Brothers Insider Sold Shares Worth $463,730, According to a Recent SEC Filing
Jun 13, 2024
04:22 PM EDT, 06/13/2024 (MT Newswires) -- Martin P. Connor, Chief Financial Officer, on June 12, 2024, sold 3,806 shares in Toll Brothers ( TOL ) for $463,730. Following the Form 4 filing with the SEC, Connor has control over a total of 24,721 shares of the company, with 24,721 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/794170/000112760224018559/xslF345X03/form4.xml Price: 120.10, Change: -0.68,...
Rezolute Starts Equity Offering -- Shares Fall After Hours
Rezolute Starts Equity Offering -- Shares Fall After Hours
Jun 13, 2024
04:22 PM EDT, 06/13/2024 (MT Newswires) -- Rezolute ( RZLT ) said late Thursday it's starting an underwritten public offering of shares, or pre-funded warrants to buy shares. Underwriters will be given an option for a 30-day period to buy up to an additional 15% shares, plus the shares underlying the warrants, the company said. The offering is subject to...
Copyright 2023-2025 - www.financetom.com All Rights Reserved