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Microsoft, BlackRock
Microsoft, BlackRock Create $30B AI Infrastructure Fund
The grouping could then invest up to $100 billion when debt financing is included.The partnership, called the Global AI Infrastructure Investment Partnership (GAIIP), will invest in “new and expanded data centers to meet growing demand for computing power,
BlackRock And Microsoft Raising $30B For AI Data Center Fund
The fund could be leveraged to spend as much as $100B to build data centers and energy projects to support AI.
BlackRock, Microsoft to raise $30 billion for data centers, energy infrastructure
BlackRock and a trio of partners aim to raise $30 billion to invest in data centers and the supporting power infrastructure that those voracious centers require, according to a joint news release. Other members of the quartet’s “Global AI Infrastructure Investment Partnership” are Microsoft,
Bitcoin Magazine
13h
BlackRock Releases a New Report, "Bitcoin: A Unique Diversifier"
BlackRock released a new report explaining why Bitcoin is a unique portfolio diversifier detached from other assets. The ...
Kiplinger
1d
Microsoft, BlackRock Team Up to Invest in AI Infrastructure: What to Know
"Mobilizing private capital to build AI infrastructure like data centers and power will unlock a multi-trillion-dollar ...
1d
4 Trillion Reasons BlackRock Changed Its Mind On Digital Assets
Fast forward a few years, and Fink is now one of its most vocal (and most influential) proponents, with BlackRock among the ...
13h
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 ...
Internet of People
13h
BlackRock CEO says Bitcoin is an opportunity: Bullish for Bitcoin Dogs?
Bitcoin is a legitimate financial asset that offers new opportunities, says BlackRock chief executive officer Larry Fink.
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