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.
Microsoft and BlackRock aim to launch a $30 billion fund for AI infrastructure with future plans for up to $100 billion in ...
The group aims to assemble $30 billion of initial capital, with a future goal of raising $100 billion, including from debt ...
Blackrock has launched an AI fund that will initially seek $30 billion of capital and eventually plan to raise as much as $100 billion.
BlackRock Inc. BLK and Microsoft Corp. MSFT entered into a partnership with Global Infrastructure Partners (“GIP”) and MGX, ...
2don MSN
The companies are part of the Global Artificial Intelligence Infrastructure Investment Partnership, or GAIIP, which was ...
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