Microsoft, BlackRock to raise $100 billion

By Agence France-Presse

Sep 19, 2024 12:10 am

SAN FRANCISCO, California — Microsoft and investment powerhouse BlackRock on Tuesday said they have teamed up to raise as much as $100 billion for data centers and infrastructure to power artificial intelligence (AI).

The alliance includes Global Infrastructure Partners and the advanced technology investment firm MGX, created in Abu Dhabi this year, according to a joint release.

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