Abu Dhabi, MGX and BlackRock
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.
Abu Dhabi's MGX teams up with BlackRock and Microsoft to raise up to $100bn for AI infrastructure
Abu Dhabi-based technology company MGX, BlackRock, Microsoft and Global Infrastructure Partners have launched an artificial intelligence infrastructure investment partnership that aims to mobilise up to $100 billion in investments to enhance the future of AI.
Abu Dhabi’s MGX, Microsoft, BlackRock partner to launch $30bn AI fund
MGX said the investments, which seek to fuel AI innovation and economic growth, will be chiefly in the US and the remainder in partner countries.
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 and Abu Dhabi's MGX to back $30bn BlackRock AI infrastructure fund
Run through BlackRock's Global Infrastructure Partners fund, which it acquired for $12.5bn earlier this year, the 'Global AI Investment Partnership,' plans to raise up to $30bn in equity investments. Another $70bn could come via leveraged debt financing.
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UAE’s AI firm G42 and Nvidia to team up on climate tech
United Arab Emirates-based artificial intelligence company G42 has teamed up with U.S. chipmaker Nvidia to work on climate ...
POWER Magazine12h
New AI Partnership to Invest in Data Centers and Supporting Power Infrastructure
The drive to develop more powerful AI capabilities will require significant infrastructure investment to support it.
Network World17h
Microsoft, BlackRock form group to raise $100 billion for AI data centers
Microsoft and BlackRock aim to launch a $30 billion fund for AI infrastructure with future plans for up to $100 billion in ...
technologyrecord.com17h
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 ...
Rezolve AI Set To Ride The AI Wave - What's Going On?
Rezolve AI Limited (NASDAQ:RZLV) shares are trading higher on Thursday after the company commended Microsoft Corporation ...
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MGX, Microsoft, BlackRock seal new AI partnership deal
Leading global investment players - BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX - have joined ...
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BlackRock, Global Infrastructure Partners, Microsoft and MGX launch new AI partnership to invest in data centers and supporting power infrastructure
American competitiveness in AI while meeting the growing need for energy infrastructure to power economic growth NEW YORK, REDMOND, WA, AND ABU DHABI — September 17, 2024 – The drive to develop more ...
Raymond James Experts Say Edge AI Was A Key Catalyst For Arm Holdings (Updated)
We recently compiled a list of the 20 Trending AI Stocks on Latest News and Analyst Ratings. In this article, we are going to ...