Microsoft, BlackRock
BlackRock and Microsoft Partner on $30 Billion AI Infrastructure Fund
BlackRock and Microsoft have partnered to launch a $30 billion AI infrastructure fund to address the growing energy demands of artificial intelligence.
Microsoft, BlackRock Create $30B AI Infrastructure Fund
Microsoft, BlackRock, and two investment firms formed a partnership to invest in artificial intelligence infrastructure projects.
BlackRock, Microsoft Partner on Massive New AI Infrastructure Fund
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.
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.
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.
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.
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 and Microsoft launch $30 billion AI infrastructure fund
BlackRock and Microsoft announced that they are part of a group seeking to form a $30 billion fund to invest in data centers and related energy infrastructure. Why it matters: This is a recognition that the AI revolution requires massive compute power,
$100 billion AI infrastructure fund launched by Microsoft, BlackRock, UAE firm
Along those lines, Microsoft, BlackRock, Global Infrastructure Partners (GIP), and MGX announced a massive new AI investment partnership on Tuesday called the Global AI Infrastructure Investment Partnership (GAIIP).
Microsoft and Blackrock team up on $30 billion AI investment
A partnership has been announced between Microsoft and BlackRock in the form of an infrastructure investment unit, the Global AI Infrastructure Investment Partnership (GAIIP). Artificial intelligence has dominated tech spaces in the last few years,
A $30 billion AI infrastructure fund led by Microsoft escalates climate questions
Microsoft, BlackRock and a state-backed fund from the United Arab Emirates have set up a $30 billion private investment fund to invest in artificial (AI) and data centers, mostly in the US.
Power Engineering5h
Group including BlackRock, Microsoft aims to raise $100 billion for data center and power infrastructure
The group aims to assemble $30 billion of initial capital, with a future goal of raising $100 billion, including from debt ...
Kiplinger2d
Microsoft, BlackRock Team Up to Invest in AI Infrastructure: What to Know
Microsoft (MSFT) and BlackRock (BLK) announced today that they are teaming up as part of a broader partnership that ...
Impacts2d
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 ...
TMCnet7d
BlackRock Announces Expected Closing Date for Acquisition of Global Infrastructure Partners
BlackRock, Inc. (NYSE: BLK) ("BlackRock") today announced that it expects to close its previously announced acquisition of Global Infrastructure Partners ("GIP") on October 1, 2024, subject to ...