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BlackRock, Global Infrastructure Partners and MGX
AI’s hungry maw drives massive $100B investment plan by Microsoft and BlackRock
Microsoft's venture partners are notable for their deep pockets. BlackRock manages trillions in assets globally, and MGX, formed earlier this year, represents Abu Dhabi's strategic push into AI investments, backed by substantial sovereign wealth from the United Arab Emirates.
Abu Dhabi's MGX teams up with BlackRock and Microsoft to raise up to $100bn for AI infrastructure
Abu Dhabi-based technology company MGX, BlackRock, Microsoft and Global Infrastructure Partners have launched an artificial intelligence infrastructure investment partnership that aims to mobilise up to $100 billion in investments to enhance the future of AI.
Microsoft, BlackRock form group to raise $100 billion for AI data centers
Microsoft and BlackRock aim to launch a $30 billion fund for AI infrastructure with future plans for up to $100 billion in total investment potential.
Hosted on MSN
4h
G42 partners with NVIDIA on next-gen climate solutions
The two firms will develop AI solutions aimed at boosting weather forecasting accuracy globally and will set up an ...
14h
UAE's AI firm G42 and Nvidia to team up on climate tech
United Arab Emirates-based artificial intelligence company G42 has teamed up with U.S. chipmaker Nvidia to work on climate ...
Yahoo Finance
3d
BlackRock, Global Infrastructure Partners, Microsoft, and MGX Launch New AI Partnership to Invest in Data Centers and Supporting Power Infrastructure
ABU
DHABI
, United Arab Emirates ... Today, BlackRock, Global Infrastructure Partners (GIP), Microsoft, and
MGX
announced the Global AI Infrastructure Investment Partnership (GAIIP) to make ...
1d
Microsoft pumps huge sums into AI data centers with Blackrock and Abu Dhabi
First 30 billion, then 100 billion US dollars in total capital – That's how much money an alliance led by Microsoft wants to ...
Gulf Business
7d
Abu Dhabi tech investment firm MGX in talks to invest in OpenAI: WSJ reports
OpenAI seeks to raise $6.5bn at a valuation of $150bn, which will cement its position as one of the most valuable startups in ...
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