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 and BlackRock to launch $30 billion fund for AI infrastructure
BlackRock is planning to launch a more than $30 billion artificial intelligence investment fund with Microsoft to build data centers and energy projects to meet growing AI-related demands. MGX, the Abu Dhabi-backed investment company,
BlackRock and Microsoft join forces to invest up to $100B into AI infrastructure
BlackRock Inc. and Microsoft Corp. are part of a new group that plans to invest up to $100 billion to build data centers and energy projects to support the rapid development of artificial intelligence.
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 total investment potential.
Microsoft, BlackRock Create $30B AI Infrastructure Fund
Microsoft, BlackRock, and two investment firms formed a partnership to invest in artificial intelligence infrastructure projects.
Microsoft, BlackRock to launch $30 billion fund for AI infrastructure
BlackRock and Microsoft plan to launch a more than $30 billion fund to invest in artificial intelligence infrastructure to build data centers and energy projects, the companies said on Tuesday.
BlackRock, Microsoft,others Launch $100 Bln AI Initiative To Boost Data Centers,Power Infrastructure
NVIDIA will contribute its expertise in AI data centers and AI factories to support GAIIP, enhancing the AI ecosystem. GAIIP will also collaborate with industry leaders to improve AI supply chains and energy sourcing for the benefit of its customers and the industry at large.
BlackRock, Global Infrastructure Partners, Microsoft, MGX Launch AI Partnership
The partnership, called the Global AI Infrastructure Investment Partnership, will additionally build out energy infrastructure to create power sources for the facilities, the companies said.
Microsoft and BlackRock plan $30 billion fund to invest in AI infrastructure, FT reports
BlackRock is preparing to launch a more than $30 billion artificial intelligence investment fund with Microsoft to build data centers and energy projects to meet growing demands stemming from AI, the Financial Times reported on Tuesday,
BlackRock Greater Europe Investment Trust Plc - Portfolio Update
BlackRock Greater Europe Investment Trust Plc - Portfolio Update PR Newswire LONDON, United Kingdom, September 20 The information contained in this release was correct as ...
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