BlackRock, Microsoft, and Abu Dhabi's MGX say Nvidia and xAI joined a consortium to build AI infrastructure in the US; investors committed $100B for deployment
Akash Sriram / Reuters :
Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the output to Microsoft for data centers
Nuke Will Be Restarted To Power Microsoft Data Center Spencer Kimball / CNBC : Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI Lawrence Bonk / Engad...
Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the output to Microsoft for data centers
Nuke Will Be Restarted To Power Microsoft Data Center Jordan Valinsky / CNN : Three Mile Island is reopening and selling its power to Microsoft Reuters : Constellation to restart Three Mile Island nuc...
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 Fu...
JPMorgan says BlackRock used its TCN blockchain to move collateral almost instantaneously, compared with over the course of a day, and plans to add other users
- Tech could speed transactions, see more efficient capital use — JPMorgan had tested its Tokenized Collateral Network in May