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. BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX announced on Sept.
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.
Microsoft, BlackRock Create $30B AI Infrastructure Fund
Microsoft, BlackRock, and two investment firms formed a partnership to invest in artificial intelligence infrastructure projects.
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.
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.
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 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,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, 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 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.
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,
Kiplinger1d
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 includes ...
America is ready to go big on AI infrastructure
A new, $30 billion fund from Microsoft and BlackRock, as well as a government task force, aim to tackle AI's data center ...
Nasdaq1d
Microsoft and Blackrock to Launch $100B AI Infrastructure Fund
The group includes other companies like Blackrock-acquired Global Infrastructure Partners (GIP) and UAE-based tech company MGX. Chipmaker Nvidia (NVDA) will act as an advisor to the group. The ...
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 ...