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Nvidia has disclosed a $21 billion stake in SpaceX, as part of its extensive investments in AI companies and infrastructure, including plans to form a $500 billion consortium to finance customers.
HSBC has joined an APAC banking consortium led by the Emerging Payments Association Asia to develop industry-wide standards for agentic AI payments, addressing machine-to-machine trust, authorization, and liability.
Japan announced plans to develop a homegrown AI model and deploy 10 million AI-equipped robots across 18 sectors by 2040, led by a consortium called Noetra (including SoftBank, Sony, Honda, NEC) with government investment of up to $6.1 billion.
OpenAI launches NextGenAI, a consortium of 15 leading research institutions with $50M in funding and tools to advance AI research and education. The initiative aims to accelerate breakthroughs across healthcare, education, and other fields through collaborative partnerships.