BlackRock, Global Infrastructure Partners, Microsoft and MGX …
WEB2 days ago · $100 billion investment potential will enhance 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. Today, BlackRock, Global Infrastructure Partners […]
Microsoft, BlackRock form group to raise $100 billion to ... - NBC News
WEB1 day ago · BlackRock said last week that it expects the deal to close Oct. 1. MGX was launched in March, with Abu Dhabi’s Mubadala and AI firm G42 as founding partners. Microsoft and BlackRock are part of ...
Microsoft, BlackRock to launch $30 bln fund for AI infrastructure
WEB2 days ago · Sept 17 (Reuters) - BlackRock (BLK.N), opens new tab and Microsoft (MSFT.O), opens new tab plan to launch a more than $30 billion fund to invest in artificial intelligence infrastructure to build ...
BlackRock, Inc. - BlackRock, Global Infrastructure Partners, Microsoft …
WEB2 days ago · $100 billion investment potential will enhance American competitiveness in AI while meeting the growing need for energy infrastructure to power economic growth The drive to develop more powerful AI capabilities will require significant infrastructure investment to support it. Today, BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX announced the Global AI Infrastructure ...
Microsoft, BlackRock Create $30B AI Infrastructure Fund
WEB1 day ago · Microsoft (MSFT) and BlackRock (BLK), the world's largest asset manager, announced plans to raise a $30 billion artificial intelligence (AI) infrastructure fund to build data centers and related ...
BlackRock and Microsoft plan $30bn fund to invest in AI …
WEB2 days ago · 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 ...
BlackRock, Microsoft to Raise $30 Billion for AI Investments (2)
WEBBlackRock Inc. and Microsoft Corp. are teaming up on one of the largest efforts to date to bankroll the build-out of data warehouses and energy infrastructure behind the boom in artificial intelligence. The companies, along with the United Arab Emirates ’ MGX investment vehicle, will seek $30 billion of private equity capital over time for the strategy, which will then leverage the money to ...
Microsoft, BlackRock Unveil $30 Billion Fund to Boost AI Data
WEB1 day ago · Microsoft and BlackRock have announced a new partnership to launch a $30 billion fund focused on building infrastructure for artificial intelligence, including data centers and energy projects.
BlackRock, Microsoft, Nvidia team up to launch $30B AI …
WEB2 days ago · BlackRock (NYSE:BLK) is planning a more than $30B artificial intelligence investment fund with Microsoft (NASDAQ:MSFT) to build data centers and energy projects to fill the growing demand for AI ...
Microsoft, BlackRock to Launch $30 Billion Fund to Invest in Data ...
WEB2 days ago · Microsoft and BlackRock said Tuesday they are planning a $30 billion fund to develop data centers and power plants to power artificial intelligence. The fund would be one of the largest of its kind, though it isn’t clear how much Microsoft is contributing and shows how the company is enlisting another longtime real estate and data center investor, BlackRock, rather than go it alone as AI costs
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