Microsoft, BlackRock, GIP, and MGX launch $30B-$100B AI Infrastructure Investment Partnership for data centers and energy projects.
Microsoft and BlackRock, along with Global Infrastructure Partners and MGX, have launched the Global AI Infrastructure Investment Partnership, aiming to raise $30 billion initially and potentially up to $100 billion for AI infrastructure. The fund will focus on developing data centers and energy projects to meet surging demand for AI. Nvidia will contribute expertise, with investments primarily directed toward the U.S. and some in partner countries.
September 17, 2024
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