PYMNTS.com January 15, 2026

BlackRock has raised $12.5 billion in its artificial intelligence partnership with Microsoft, Bloomberg reported Thursday (Jan. 15), citing commentary from the company’s fourth-quarter 2025 earnings call.

The investment management firm and the tech giant joined forces in 2024 to fund data centers behind the AI boom and are now closer to their $30 billion goal, the report said. The partnership also includes Nvidia, xAi and United Arab Emirates-affiliated MGX investment group.

The effort “continues to attract significant capital,” BlackRock CEO Larry Fink told analysts during the call, per the report.

The partnership is aiming to pull in $30 billion of private equity capital and then mobilize up to $100 billion in investment potential, including debt financing for infrastructure projects, PYMNTS...

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