$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, 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 powerful AI capabilities will require significant infrastructure investment to support it.
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.
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 Infrastructure Investment Partnership (GAIIP), which seeks to raise up to $100 billion to invest in AI-powered data centres and the energy infrastructure required to support them.
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 diverse range of partners and companies
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.
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.
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,
Microsoft, BlackRock to launch $30 bln 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 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.
US Regulator Approves BlackRock's $12.5 Billion Deal for Global Infrastructure Partners
(Reuters) - The U.S. Federal Energy Regulatory Commission on Friday approved BlackRock's $12.5 billion deal for Global ...
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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 ...
Nayax Partners with Adyen to Globally Expand Electric Vehicle Charging and Automated Self-Service Payments Infrastructure
With this partnership, Adyen joins Nayax’s network of acquiring banks and Nayax’s end-to-end payment and loyalty platform will be integrated into Adyen’s single global platform. This allows Nayax to ...
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Libya’s Infrastructure Rebuild: Italian Expertise, Global Investment to Drive New Power, Transport and Water Projects
As a strategic partner to Libya, Italy has a crucial role to play in rebuilding the country’s infrastructure and supporting ...
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Code Willing Partners with Jain Global to Provide Advanced Research Analytics and Multi-Cloud Orchestration Software
Code Willing, Inc., harnessing their modular CWIQ-Suite to enhance research capabilities and optimize cloud infrastructure, ...
Aleph Zero Launches NEON Program, Enlists Major Global Partners Including Pairpoint, Backed by Vodafone and Sumitomo
Aleph Zero has already secured partnerships with global leaders in the telecommunications sector, including Deutsche Telekom ...
Venture Global partners with GASTRADE for long-term LNG supply to Europe
The US company has secured roughly one million tonnes per annum (mtpa) of regasification capacity at the new Alexandroupolis ...