AI’s hungry maw drives massive $100B investment plan by Microsoft and BlackRock
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.
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $100 billion to develop data centers for artificial intelligence and the energy infrastructure to power them.
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 economic growth The drive to develop more powerful […]
Microsoft, BlackRock form fund to sink up to $100B into AI infrastructure
Tech is going to need datacenters and power sources, and a lot of 'em Microsoft is joining with BlackRock and other private equity investors in a new AI fund that aims to eventually raise $100 billion for datacenters and their supporting power infrastructure.
BlackRock, Microsoft back $30 billion AI infrastructure venture
BlackRock, GIP, Microsoft, and MGX launch GAIIP, aiming to invest $30 billion in AI infrastructure to boost innovation and economic growth.
BlackRock, Microsoft to raise $30 billion for data centers, energy infrastructure
BlackRock and a trio of partners aim to raise $30 billion to invest in data centers and the supporting power infrastructure that those voracious centers require, according to a joint news release. Other members of the quartet’s “Global AI Infrastructure Investment Partnership” are Microsoft,
Microsoft, BlackRock, GIP, and MGX launch AI partnership
Microsoft, BlackRock, Global Infrastructure Partners (GIP), and the Emirati tech investment firm MGX have launched a new artificial intelligence (AI) partnership to boost US competitiveness in the field.
BlackRock, Microsoft,others Launch $100 Bln AI Initiative To Boost Data Centers,Power Infrastructure
MGX was created in Abu Dhabi earlier this year to invest in AI and advanced technologies with global partners to enable the technology fabric of the global economy, focusing on AI infrastructure; AI-enabled technology; and semiconductors.
Microsoft and Blackrock form group to invest billions in AI
Microsoft and Blackrock are headlining the Global Artificial Intelligence Infrastructure Investment Partnership, a new group aiming to mobilize $100 billion to invest in artificial intelligence. The group,
Microsoft, BlackRock Create $30B AI Infrastructure Fund
Microsoft, BlackRock, and two investment firms formed a partnership to invest in artificial intelligence infrastructure projects.
Rezolve AI Welcomes Microsoft and BlackRock's $30 Billion Investment in AI Infrastructure as a Game-Changer for the Industry
Wagner, CEO of Rezolve AI, remarked, “The substantial investment by Microsoft and BlackRock into AI infrastructure reflects the accelerating pace of AI adoption across every industry. For companies like Rezolve AI,
BlackRock and Microsoft are reportedly planning a $30B AI-focused megafund
Investment powerhouse BlackRock is set to launch a massive AI-focused fund, exceeding $30 billion, in collaboration with ...
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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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Microsoft Backs $30B Effort To Build More AI Datacenters
Recognizing the immense infrastructure demands of today's AI technologies, Microsoft is throwing its support behind a new ...
Thames Water Sounds Out Brookfield, GIP for Fundraising: Times
Thames Water has approached North American infrastructure giants Brookfield Infrastructure Partners, Global Infrastructure ...