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BlackRock and Microsoft are launching a $30 billion AI fund aimed at building data centers and energy projects to support the exponential growth of AI infrastructure. The partnership seeks to raise up to $100 billion, focusing on developing AI technologies for deep learning. This initiative is part of a broader trend of significant investments in AI, with companies like Fractal, OpenAI, and AnthropicAI also receiving substantial funding. The growth of data centers has already pushed up energy demand, and Asia, in particular, is lagging in infrastructure investment, according to the Asian Development Bank. Other major players in AI infrastructure investment include NVIDIA, Blackstone, and Saudi Arabia’s sovereign wealth fund.
BlackRock and Microsoft are launching a $30B #AI fund, focused on building data centers and energy projects, essential for the exponential growth of #ArtificialIntelligence infrastructure. 💼⚡ #AIInvestment #SwissCognitive https://t.co/WF9KAnaOvR
BlackRock, Microsoft, NVIDIA, Blackstone and the Future of Global AI Infrastructure Investment The #datacenter industry's astonishing surge of #AI #investment continues. @BlackRock @Microsoft @nvidia @blackstone @airtrunk #GPU #cloud #hyperscale #IT https://t.co/VDqXltrdYZ
Investors are pouring $6B into OpenAI, betting on its potential to become a trillion-dollar #AI company, dominating the future of #GenerativeAI and competing with tech giants like Google and Meta.💡🚀 #AIInvestment #ArtificialIntelligence #AINews https://t.co/xtW0eEybYd