UN proposes global AI governance body for risk management. Lionsgate partners with Runway for AI film training. Alibaba releases 100+ open-source AI models to strengthen position.

In new launches, Britney Lam, head of long-short equities at the Dubai-based Magellan Capital Holdings, discusses the launch of a $700 million multi-strategy hedge fund set to be one of the largest ...

The group aims to assemble $30 billion of initial capital, with a future goal of raising $100 billion, including from debt ...

BlackRock and Microsoft have partnered to launch a $30 billion AI infrastructure fund to address the growing energy demands ...

Shares of Vistra Corp. (VST), another nuclear owner, are up almost 15% in afternoon action Friday. The stock is up for its 10th trading day in a row and has seen gains of 44% over that span. That ...

BlackRock Inc. BLK and Microsoft Corp. MSFT entered into a partnership with Global Infrastructure Partners (“GIP”) and MGX, ...

United Arab Emirates-based artificial intelligence company G42 has teamed up with U.S. chipmaker Nvidia to work on climate ...

BlackRock and Global Infrastructure Partners announced plans to mobilize nearly $100 billion to advance AI through their ...

The drive to develop more powerful AI capabilities will require significant infrastructure investment to support it.

Rezolve AI Limited (NASDAQ:RZLV) shares are trading higher on Thursday after the company commended Microsoft Corporation ...

Microsoft's venture partners are notable for their deep pockets. BlackRock manages trillions in assets globally, and MGX, ...

Microsoft and BlackRock aim to launch a $30 billion fund for AI infrastructure with future plans for up to $100 billion in ...