Meta and BlackRock form a strategic venture to develop a 1GW data center campus in El Paso, Texas, set to cost ~$14B and bring capacity online starting in 2028
Meta and BlackRock announce a venture to finance the development and operation of a data center campus in El Paso, Texas
Sources: BlackRock put in an order to buy at least $5B worth of SpaceX shares; SpaceX received an over $1B request from a single family-office investor
and is that family Trump? [embedded post]
Sources: Nvidia's licensing deal with Groq, which has raised ~$1.8B, includes payouts to Groq's key execs and investors, including BlackRock and Tiger Global
Nvidia stunned Silicon Valley on Wednesday by agreeing to pay about $20 billion to license technology from Groq …
Sources: Nvidia's licensing deal with Groq, which has raised ~$1.8B, includes payouts to Groq's key execs and investors, including BlackRock and Tiger Global
Nvidia stunned Silicon Valley on Wednesday by agreeing to pay about $20 billion to license technology from Groq …
An investment consortium that includes BlackRock, Nvidia, xAI, and Microsoft says it will acquire Texas-based Aligned Data Centers from Macquarie in a $40B deal
Buyer consortium also includes Nvidia and Microsoft and plans to expand Aligned Data Centers to meet computing demand
Sources: BlackRock's GIP is in talks to buy Aligned, which operates 78 data centers across North and South America, in a deal that could value Aligned at ~$40B
BlackRock Inc.'s Global Infrastructure Partners is in advanced talks to acquire Aligned Data Centers, targeting a major beneficiary …
Sources: BlackRock plans to hire ~1,200 people to build its AI teams in India and will inherit ~500 staff in Bengaluru through its proposed Preqin acquisition
Preeti Singh / Bloomberg :
BlackRock acquires Preqin, a UK-based provider of private markets data, for £2.55B in cash; BlackRock expects alternative assets to reach nearly $40T by 2030
The acquisition deepens BlackRock's ability to oversee risks and analyze data across fast-growing markets for private assets …
AT&T plans to launch broadband services in states it doesn't currently serve via a joint venture with BlackRock, initially reaching 1.5M customer US locations
Will Feuer / Wall Street Journal :
AT&T plans to launch broadband services in states it doesn't currently serve via a joint venture with BlackRock, initially reaching 1.5M customer US locations
Will Feuer / Wall Street Journal :