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Microsoft and BlackRock are launching an investment round of more than $30 billion. They want to build data centers to meet AI requirements. Asset manager BlackRock and Microsoft
Microsoft and BlackRock are launching an investment round of more than $30 billion. They want to build data centers to meet AI requirements.
Asset manager BlackRock and Microsoft are preparing to launch a $30 billion investment fund. Investments could reach $100 billion. They plan to use the funds to build new data centers and create new energy sources to meet the increasing demands of AI. MGX from the United Arab Emirates and Nvidia have also joined.
Microsoft and asset manager BlackRock are joining forces to launch an investment fund worth more than $30 billion to build data centers, create new energy sources, and provide infrastructure for AI. This investment is intended to meet the increasing energy demand due to the high computing power of AI technology.
MGX from the United Arab Emirates has also joined the project, as has Nvidia, which will support the partnership with its expertise. The investments are intended for the USA, but part of the funds could also be invested in partner countries.
Source: IT Daily
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