BlackRock and Microsoft Partner on $30 Billion AI Infrastructure Fund
Friday, 20 September 2024 () As we have been writing for the better part of the last year, the next AI trade continues to look like it's going to be energy. And now, both BlackRock and Microsoft are making it known that they understand this, too. Yesterday it was reported that the two industry giants are prepping the launch of a $30 billion AI investment fund that'll see Microsoft build data centers and energy projects to meet the demands of AI, according to the Financial Times. BlackRock’s new infrastructure investment unit, Global Infrastructure Partners, is…
Friday, 20 September 2024 ()
