This partnership will support an open architecture and broad ecosystem, providing full access on a non-exclusive basis for a ...
Leading global investment players - BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX - have joined forces ...
MGX said the investments, which seek to fuel AI innovation and economic growth, will be chiefly in the US and the remainder ...
Microsoft's venture partners are notable for their deep pockets. BlackRock manages trillions in assets globally, and MGX, ...
The surge in demand for AI services is also putting pressure on energy providers across the US. Electricity consumption by AI ...
BlackRock and Microsoft are launching a $30 billion fund to tackle the infrastructure demands of AI advancements.
Microsoft and BlackRock aim to launch a $30 billion fund for AI infrastructure with future plans for up to $100 billion in ...
The partnership, called the Global AI Infrastructure Investment Partnership, will additionally build out energy ...
Run through BlackRock's Global Infrastructure Partners fund, which it acquired for $12.5bn earlier this year, the 'Global AI ...
The drive to develop more powerful AI capabilities will require significant infrastructure investment to support it.
The Global AI Infrastructure Investment Partnership will seek to raise $30 billion to invest in data centers and ...
The Global AI Infrastructure Investment Partnership, which also includes Nvidia, will invest in data storage and energy ...