BlackRock and Microsoft to Raise $30 Billion for AI Investments, Backed by NVIDIA

On September 17, BlackRock and Microsoft announced that they are teaming up to invest in data centers and other infrastructure to support artificial intelligence (AI). The strategy, called the Global AI Infrastructure Investment Partnership, aims to attract $30 billion in private equity and use that money to make up to $100 billion in investments. NVIDIA will utilize its expertise in artificial intelligence to NVIDIA will support the alliance with its expertise in AI data centers and factories.

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