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2024-09-18 15:20:17
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11.8k
Microsoft and BlackRock Join Forces to Launch $30 Billion AI Infrastructure Fund Targeting Data Centers and Energy Projects
In today's rapidly advancing world of artificial intelligence (AI) technology, Microsoft and BlackRock have taken a significant step forward. The two giants announced the joint launch of a fund exceeding $30 billion, focusing on AI infrastructure investment, primarily covering data centers and energy projects. This major announcement was made on Tuesday and immediately generated a tremendous response in the global tech and finance circles. With the continuous advancement of AI technology, particularly the widespread application of deep learning and large-scale data processing models, the demand for computing power has shown explosive growth.
2024-09-18 09:21:21
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Wall Street Giant BlackRock Bets $30 Billion on AI Future, Establishes World's Largest AI Fund
According to the Financial Times, BlackRock, one of the world's largest asset management companies, will collaborate with tech giant Microsoft and Abu Dhabi-backed investment firm MGX to launch a large AI fund exceeding $30 billion. The fund will primarily be used to build data centers and invest in energy infrastructure to meet the growing demand for AI computing. Additionally, chip giant NVIDIA will provide technical support for the fund to address the challenges posed by AI technology.