Microsoft and BlackRock Among Major Companies on Global Partnership to Invest an Initial $30 Billion in AI Infrastructure with Plans to $100 Billion
A consortium of major companies, including Microsoft and BlackRock, has announced plans to raise up to $100 billion to fund the development of data centers designed for artificial intelligence (AI) and the energy systems needed to support them. This initiative, known as the Global Artificial Intelligence Infrastructure Investment Partnership (GAIIP),...