Microsoft and BlackRock Announce $30 Billion AI Infrastructure Fund
Fund will focus on developing and expanding the technology and systems needed to support AI advancements worldwide.
kathmandu | Microsoft and BlackRock have announced a major new initiative: a $30 billion fund designed to enhance artificial intelligence infrastructure. The fund will focus on developing and expanding the technology and systems needed to support AI advancements worldwide.
Microsoft brings its strong background in AI and cloud services, while BlackRock contributes its investment expertise. Together, they aim to improve critical areas such as data centres, cloud technology, and semiconductor production. This significant investment is expected to drive innovation and meet the increasing global demand for AI capabilities.