Microsoft, BlackRock
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 financing.
Microsoft and Abu Dhabi's MGX to back $30bn BlackRock AI infrastructure fund
Run through BlackRock's Global Infrastructure Partners fund, which it acquired for $12.5bn earlier this year, the 'Global AI Investment Partnership,' plans to raise up to $30bn in equity investments. Another $70bn could come via leveraged debt financing.
BlackRock, Microsoft & MGX plan to launch $30 billion AI fund
BlackRock and Microsoft are launching a $30 billion fund to tackle the infrastructure demands of AI advancements.
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
MGX, Microsoft, BlackRock seal new AI partnership deal
Leading global investment players - BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX - have joined forces to launch a new AI partnership, mainly aimed at investing in new and expanded data centres to meet the growing demand for computing power.
Microsoft, BlackRock, GIP, and MGX launch AI partnership
Microsoft, BlackRock, Global Infrastructure Partners (GIP), and the Emirati tech investment firm MGX have launched a new artificial intelligence (AI) partnership to boost US competitiveness in the field.
Abu Dhabi’s MGX, Microsoft, BlackRock partner to launch $30bn AI fund
MGX said the investments, which seek to fuel AI innovation and economic growth, will be chiefly in the US and the remainder in partner countries.
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 and Microsoft Partner on $30 Billion AI Infrastructure Fund
As we have been writing for the better part of the last year, the next AI trade continues to look like it's going to be energy. And now, both
$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, 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.
The National on MSN2d
Abu Dhabi's MGX teams up with BlackRock and Microsoft to raise up to $100bn for AI infrastructure
Abu Dhabi-based technology company MGX, BlackRock, Microsoft and Global Infrastructure Partners have launched an artificial ...
Microsoft & Blackrock plan to sign $30 billion AI investment in UAE’s MGX to build data centres
The surge in demand for AI services is also putting pressure on energy providers across the US. Electricity consumption by AI ...
Impacts3d
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 ...
MarketWatch2d
BlackRock, Global Infrastructure Partners, Microsoft, MGX Launch AI Partnership
BlackRock, Global Infrastructure Partners, MGX and Microsoft will invest up to $100 billion expanding and building artificial-intelligence data centers. The partnership, called the Global AI ...
BlackRock Joins MSFT in AI Partnership: Should You Buy BLK Stock Now?
BlackRock Inc. BLK and Microsoft Corp. MSFT entered into a partnership with Global Infrastructure Partners (“GIP”) and MGX, ...