$100 billion AI infrastructure fund launched by Microsoft, BlackRock, UAE firm
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.
Jensen Huang recently said that AI was more of an infrastructure than a group of chips. Now, Microsoft (MSFT) and BlackRock ...
Investment powerhouse BlackRock is set to launch a massive AI-focused fund, exceeding $30 billion, in collaboration with ...
In a groundbreaking move, Microsoft and BlackRock are joining forces with a $30 billion investment over the next decade to ...
Microsoft (MSFT) and BlackRock (BLK) announced today that they are teaming ... investment firm MGX to invest up to $100 ...
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