BlackRock, Microsoft,others Launch $100 Bln AI Initiative To Boost Data Centers,Power Infrastructure
MGX was created in Abu Dhabi earlier this year to invest in AI and advanced technologies with global partners to enable the technology fabric of the global economy, focusing on AI infrastructure; AI-enabled technology; and semiconductors.
The fund could be leveraged to spend as much as $100B to build data centers and energy projects to support AI.
Microsoft and BlackRock are collaborating to put $30B investment to develop data centers for AI and the energy infrastructure ...
Microsoft, and MGX announced the Global AI Infrastructure Investment Partnership (GAIIP) to make investments in new and expanded data centers to meet growing demand for computing power, as well as ...
What you need to know Microsoft and BlackRock have partnered to raise $30 billion to satisfy their AI needs, including new ...
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 ...
The companies are part of the Global Artificial Intelligence Infrastructure Investment Partnership, and the other ...
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