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.
Microsoft (MSFT) and BlackRock (BLK) announced today that they are teaming up as part of a broader partnership that ...
Blackrock has launched an AI fund that will initially seek $30 billion of capital and eventually plan to raise as much as $100 billion.
In a groundbreaking move, Microsoft and BlackRock are joining forces with a $30 billion investment over the next decade to ...
Investment powerhouse BlackRock is set to launch a massive AI-focused fund, exceeding $30 billion, in collaboration with ...
2don MSN
The companies are part of the Global Artificial Intelligence Infrastructure Investment Partnership, or GAIIP, which was ...
This partnership will support an open architecture and broad ecosystem, providing full access on a non-exclusive basis for a ...
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