Microsoft Launches $30 Billion+ Investment Fund for Artificial Intelligence Infrastructures!
September 18, 2024
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Microsoft, one of the three most valuable companies in the world, has significantly increased its investment in artificial intelligence in recent years and has become one of the
Microsoft, one of the three most valuable companies in the world, has significantly increased its investment in artificial intelligence in recent years and has become one of the most ambitious companies in this regard. Now it is said that the company will increase its steps in this area.
This is evident from the news first reported by the Financial Times Microsoft, BlackRock He and his investment management company are planning a $30 billion artificial intelligence fund. If the goal is Investing in artificial intelligence infrastructures.
Data centers will be built, new energy projects will be implemented
Current AI models require significant amounts of computing power. For this reason, much more energy consumption can occur. Technology companies are also trying to take steps to provide the necessary power. The demand for data centers is therefore increasing significantly.
This is precisely the goal of the investment fund of Microsoft and Blackrock, which aims to raise more than 30 billion dollars. With this investment, companies can building data centers and new energy projects will enable signature.
The statement said that the investment, called the “Global Artificial Intelligence Infrastructure Investment Partnership,” aims to help improve artificial intelligence supply chains and energy sources. It said that Abu Dhabi-based investment firm MGX will be one of the fund’s general partners, while NVIDIA will provide expertise. It is thought that the partnership could raise investments of up to $100 billion, including debt financing. The majority of these investments will come from the United States, but also from other countries.
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