- AI Infrastructure Fund by BlackRock and Microsoft
- Objectives and Goals of the New Fund
- Strategy and Partnerships
BlackRock and Microsoft have joined forces to create a fund targeting investments in AI-related infrastructure, aiming for a total valuation of $100 billion.
AI Infrastructure Fund by BlackRock and Microsoft
BlackRock and Microsoft, with the support of Global Infrastructure Partners GIP and Abu Dhabi-based MGX, are forming the Global AI Infrastructure Investment Partnership.
Objectives and Goals of the New Fund
The fund aims to raise $30 billion in private equity and up to an additional $70 billion through debt financing. The funds will be primarily used for developing data centers and renewable energy projects required to meet the growing computational demands of AI.
Strategy and Partnerships
The fund will be managed by BlackRock's infrastructure unit in partnership with Microsoft and MGX. Nvidia, the leading AI chipmaker, will provide design and integration guidance.
This fund represents one of Wall Street's largest investments in AI and aims to meet the growing demand for digital infrastructure and energy resources. It also underscores a commitment to sustainable energy solutions.
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