Microsoft and Abu Dhabi's MGX to back $30bn BlackRock AI infrastructure fund
Run through BlackRock's Global Infrastructure Partners fund, which it acquired for $12.5bn earlier this year, the 'Global AI Investment Partnership,' plans to raise up to $30bn in equity investments. Another $70bn could come via leveraged debt financing.
United Arab Emirates-based artificial intelligence company G42 has teamed up with U.S. chipmaker Nvidia to work on climate ...
First 30 billion, then 100 billion US dollars in total capital – That's how much money an alliance led by Microsoft wants to ...
OpenAI seeks to raise $6.5bn at a valuation of $150bn, which will cement its position as one of the most valuable startups in ...
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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