Data center mega-investment: Nvidia, BlackRock, and Microsoft to spend $40 billion

The purchase of the American data centers Aligned Data Centers from Australia's Macquarie Asset Management is the first transaction under the AI Infrastructure Partnership, established last year and comprising the Abu Dhabi-based MGX fund and Elon Musk's startup xAI.
"With our investment in Aligned Data Centers, we are achieving our goal of providing the infrastructure necessary for the future of artificial intelligence, " said Larry Fink, CEO of BlackRock and chairman of the AI Infrastructure Partnership, as quoted by Reuters.
The acquisition is the latest in a series of major deals involving big tech companies and Silicon Valley startups fueled by the artificial intelligence boom, Reuters reports.
Major technology companies such as Alphabet, Amazon, Meta, Microsoft and CoreWeave are on track to spend $400 billion on artificial intelligence infrastructure this year, Reuters wrote, citing Morgan Stanley estimates.
wnp.pl