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BlackRock, Global Infrastructure Partners and MGX

Hosted on MSN · 2d

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.

Power Engineering · 1h

Group including BlackRock, Microsoft aims to raise $100 billion for data center and power infrastructure

The group aims to assemble $30 billion of initial capital, with a future goal of raising $100 billion, including from debt financing.

Gulfbusiness.com on MSN · 2d

Abu Dhabi’s MGX, Microsoft, BlackRock team up to launch $30bn AI fund

Abu Dhabi tech investment firm MGX has teamed up with BlackRock, Global Infrastructure Partners (GIP), and Microsoft to launch a $30bn fund that will invest in artificial intelligence to build data centres and energy projects.

8h

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 ...

Gulf Business7d

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 ...

20h

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 ...

MGX, Microsoft, BlackRock seal new AI partnership deal

Speaking at the launch of the new entity, Sheikh Tahnoun bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and Chairman of ...

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