BlackRock, GIP, Microsoft, and MGX announce a new AI fund that seeks to raise $30B+ of private equity capital and $100B+ in total investment when including debt
Should we be worried? Louisa Clarence-Smith / The Times : BlackRock and Microsoft to launch $100bn AI infrastructure fund Aaron Holmes / The Information : Microsoft, BlackRock to Launch $30 Billion Fund to Invest in Data Centers, Power for AI Kelvin Munene Murithi / CoinGape : AI News: Microsoft & BlackRock Partner to Launch $30 Billion AI Infrastructure Fund Wall Street Journal : BlackRock, Global Infrastructure Partners, Microsoft, MGX Launch AI Partnership Connie Loizos / TechCrunch : BlackRock and Microsoft are reportedly planning a $30B AI-focused megafund Chris Katje / Benzinga : BlackRock, Microsoft, Others Team Up For $30B Artificial Intelligence Fund: Help US Fuel ‘AI Innovation And Economic Growth’ Harshita Mary Varghese / Reuters : Microsoft and BlackRock plan $30 bln fund to invest in AI infrastructure, FT reports X: @tekbog : we are getting AGI or a bubble that's gonna wipe the tech sector clean after this Stephen Morris / @sjhmorris : BlackRock & Microsoft are planning a new $30bn fund to invest in AI infrastructure (data centres & power generation), just the latest example of the vast sums being committed to AI. Also backed by new UAE fund, MGX and advised by Nvidia https://www.ft.com/... via @ft Brad Smith / @bradsmi : The capital spending needed for AI infrastructure and the new energy to power it goes beyond what any single company or government can finance. This financial partnership between @BlackRock, Global Infrastructure Partners (GIP), @Microsoft, and MGX will not only help advance James Fontanella-Khan / @jfk_america : Scoop: BlackRock and Microsoft plan $30bn fund to invest in AI infrastructure https://www.ft.com/... via @ft Forums: r/artificial : One-Minute Daily AI News 9/17/2024 r/wallstreetbets : Microsoft and Blackrock along with UAE MGX Form Group $100 Billion to Invest in AI Data Centers and Power