Major Tech and Finance Giants Launch $100B Partnership to Fuel AI Infrastructure
In a groundbreaking move, Microsoft, BlackRock, Global Infrastructure Partners (GIP), and MGX have teamed up to form the Global AI Infrastructure Investment Partnership (GAIIP), with the goal of unlocking up to $100 billion to develop AI infrastructure.
Initially starting with $30 billion in private equity, the partnership aims to expand data centers and create new energy sources to support the rapid growth of AI, primarily in the U.S.
Chipmaker NVIDIA will also play a crucial role, contributing expertise in optimizing AI supply chains and energy sourcing.
The collaboration blends financial strength with technological innovation, focusing on decarbonization and efficiency, while promoting open collaboration across industries.
BlackRock CEO Larry Fink emphasized that building AI infrastructure presents a long-term investment opportunity, expected to power economic growth, create jobs, and drive AI advancements.
this collaboration between BlackRock, GIP, MGX, and Microsoft is a perfect combination of financial strength with technological expertise. By integrating investments in infrastructure, technology, and energy, GAIIP plans to scale AI facilities efficiently while promoting decarbonization.
Furthermore, the partnership will be an open platform where a wide variety of companies can collaborate freely. With no restrictions, it invites businesses from different sectors to join in and contribute, making it easier for everyone to be part of this initiative.
Larry Fink, Chairman and CEO of BlackRock.
Mobilizing private capital to build AI infrastructure like data centers and power will unlock a multi-trillion-dollar long-term investment opportunity. Data centers are the bedrock of the digital economy, and these investments will help power economic growth, create jobs, and drive AI technology innovation.
