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.
Blackrock has launched an AI fund that will initially seek $30 billion of capital and eventually plan to raise as much as $100 billion.
Investment powerhouse BlackRock is set to launch a massive AI-focused fund, exceeding $30 billion, in collaboration with ...
1don MSN
The companies are part of the Global Artificial Intelligence Infrastructure Investment Partnership, or GAIIP, which was ...
BLK collaborates with MSFT in an AI partnership. Does this initiative and the changing operating backdrop make BlackRock ...
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