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.
OpenAI seeks to raise $6.5bn at a valuation of $150bn, which will cement its position as one of the most valuable startups in ...
First 30 billion, then 100 billion US dollars in total capital – That's how much money an alliance led by Microsoft wants to ...
Speaking at the launch of the new entity, Sheikh Tahnoun bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and Chairman of ...
The surge in demand for AI services is also putting pressure on energy providers across the US. Electricity consumption by AI ...
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