Microsoft and BlackRock Launch $30 Billion AI Infrastructure Fund with Plans to Expand to $100 Billion
Microsoft and BlackRock have announced the formation of a new partnership aimed at developing AI infrastructure, with an initial investment of $30 billion. This initiative is part of a larger ambition to raise up to $100 billion for AI data centers and supporting power infrastructure. The partnership includes other major players such as Nvidia and Global Infrastructure Partners, marking a significant step in the global push to enhance digital infrastructure to meet the rising energy needs of artificial intelligence technologies.