Microsoft and BlackRock Launch $100B AI Infrastructure Fund

The partnership aims to raise $30 billion initially, with plans to expand data centers and power infrastructure globally.

Microsoft and BlackRock have formed the Global AI Infrastructure Investment Partnership (GAIIP) along with Global Infrastructure Partners (GIP) and UAE-based MGX.
The fund seeks to raise $30 billion in private equity capital initially, with a goal of reaching $100 billion, including debt financing.
Investments will focus on expanding data centers and developing energy infrastructure, primarily in the US and partner countries.
Nvidia will support the project with its AI expertise, potentially integrating its DGX AI servers into the new infrastructure.
The initiative addresses the growing energy demands of AI, with plans to invest in renewable energy sources and possibly nuclear power.