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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.
BlackRock, Microsoft Partner on Massive New AI Infrastructure Fund
The Global AI Infrastructure Investment Partnership will seek to raise $30 billion to invest in data centers and infrastructure.
AI’s hungry maw drives massive $100B investment plan by Microsoft and BlackRock
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.
1d
on MSN
Microsoft and Blackrock form group to invest billions in AI
Microsoft and Blackrock are headlining the Global Artificial Intelligence Infrastructure Investment Partnership, a new group ...
2d
on MSN
BlackRock and Microsoft are reportedly planning a $30B AI-focused megafund
Investment powerhouse BlackRock is set to launch a massive AI-focused fund, exceeding $30 billion, in collaboration with ...
2d
on MSN
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
The companies are part of the Global Artificial Intelligence Infrastructure Investment Partnership, or GAIIP, which was ...
Social Samosa
2d
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.
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