$100 billion AI infrastructure fund launched by Microsoft, BlackRock, UAE firm
Microsoft's venture partners are notable for their deep pockets. BlackRock manages trillions in assets globally, and MGX, formed earlier this year, represents Abu Dhabi's strategic push into AI investments, backed by substantial sovereign wealth from the United Arab Emirates.
BlackRock, Microsoft Partner on Massive New AI Infrastructure Fund
The Global AI Infrastructure Investment Partnership will seek to raise $30 billion to invest in data centers and infrastructure.
Microsoft, BlackRock Create $30B AI Infrastructure Fund
Microsoft, BlackRock, and two investment firms formed a partnership to invest in artificial intelligence infrastructure projects.
Partnership Could Put $100B Into AI Data Center Infrastructure
The newly announced Global AI Infrastructure Investment Partnership seeks to put up to $100 billion in private equity and debt financing into building and expanding data centers.
Microsoft, BlackRock Plan $30 Billion AI Infrastructure Fund
BlackRock will launch an artificial-intelligence fund with software giant Microsoft worth around $30 billion to build data centers and energy projects.The AI partnership will likely feed the growing hunger for computing capacity,
BlackRock and Microsoft plan $30bn fund to invest in AI infrastructure
BlackRock is preparing to launch a more than $30bn artificial intelligence investment fund with technology giant Microsoft to build data centres and energy projects to meet growing demands stemming from AI, people briefed about the matter said.
Analyst reviews BlackRock rating after AI partnership with Microsoft
Jensen Huang recently said that AI was more of an infrastructure than a group of chips. Now, Microsoft (MSFT) and BlackRock are partnering to fund AI infrastructure in the U.S. On Sept. 17 the software stalwart and the asset-management titan said they'd join the Global Artificial Intelligence Infrastructure Investment Partnership,
Microsoft, BlackRock’s AI Fund and Fed Rate Cut Point to More Infrastructure Investments
Investors hoping artificial intelligence will be a big driver of returns this decade may not yet have picked up that AI isn’t really about machines becoming smarter than humans, or robots stealing jobs.
Microsoft, BlackRock partner to raise $100bn for AI infrastructure
Microsoft, BlackRock, Global Infrastructure Partners, and Abu Dhabi’s MGX have teamed up to launch the Global AI Infrastructure Investment Partnership (GAIIP). The GAIIP aims to mobilise up to $100bn in total investment potential,
New AI Partnership to Invest in Data Centers and Supporting Power Infrastructure
American competitiveness in artificial intelligence (AI) while meeting the growing need for energy infrastructure to power ...
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Microsoft launches AI partnership to invest in data centres and support AI innovation
Microsoft, BlackRock, Global Infrastructure Partners (GIP) and MGX have launched the Global AI Infrastructure Investment ...
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MGX, Microsoft, BlackRock, Global Infrastructure Partners launch new AI partnership to invest in data centres
This partnership will support an open architecture and broad ecosystem, providing full access on a non-exclusive basis for a ...
Building the AI Future: Microsoft and BlackRock’s $100 Billion AI Investment Plan
Microsoft and BlackRock are teaming up to make a transformative impact on the future of artificial intelligence (AI). The two ...
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Scott Dylan on Global Infrastructure Partners, BlackRock, Microsoft, and MGX Investment into AI Data Centers
In a landmark move, Global Infrastructure Partners, BlackRock, Microsoft, and MGX have announced the launch of the Global AI ...
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Microsoft, BlackRock Team Up to Invest in AI Infrastructure: What to Know
The partnership has been named the Global AI Infrastructure Investment Partnership (GAIIP). It will focus on ...