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 ...

The group aims to assemble $30 billion of initial capital, with a future goal of raising $100 billion, including from debt ...

The partnership, called the Global AI Infrastructure Investment Partnership, will additionally build out energy ...

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.

Run through BlackRock's Global Infrastructure Partners fund, which it acquired for $12.5bn earlier this year, the 'Global AI ...

BlackRock Inc. BLK and Microsoft Corp. MSFT entered into a partnership with Global Infrastructure Partners (“GIP”) and MGX, ...

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 ...

Today, BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX announced the Global AI Infrastructure Investment Partnership (GAIIP) to make investments in new and expanded data centers to ...