Silicon Republic September 18, 2024
Microsoft says this fund has up to $100bn in total investment potential and aims to create new data centres to meet the growing demand for computing power and AI.
Microsoft has announced a new partnership with investment giant Blackrock that will invest in data centres to support the growth of AI.
This AI fund is being led by Blackrock and includes Global Infrastructure Partners and MGX – along with support from Nvidia. This partnership plans to raise $30bn of private equity capital over time from investors, asset owners and corporates. The partners believe this will mobilise up to $100bn in total investment potential when including debt financing.
The funding will be primarily focused in the US, investing in new and...
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