BlackRock is getting serious about artificial intelligence (AI) infrastructure. The largest asset manager in the world is collaborating with Microsoft to launch a $30 billion AI investment fund.

Microsoft and Blackrock are headlining the Global Artificial Intelligence Infrastructure Investment Partnership, a new group aiming to mobilize $100 billion to invest in artificial intelligence ...

BlackRock is a separate entity from Blackstone, another major private investment firm also growing in the infrastructure sector, with the two part of the same corporate ownership until 1988.

Today, BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX announced the Global AI Infrastructure Investment Partnership (GAIIP) to make investments in new and expanded data ...

BlackRock, Inc. and Global Infrastructure Partners, a leading independent infrastructure fund manager, jointly announce that they have entered into an agreement for BlackRock to acquire GIP for ...

"Mobilizing private capital to build AI infrastructure like data centers and power will unlock a multi-trillion-dollar long-term investment opportunity," said BlackRock CEO Larry Fink in a statement.

“BlackRock is a leader in the energy transition, having mobilized over $55 billion of investments across our infrastructure strategies since their inception,” said Anne Valentine Andrews ...

What Happened: The new investment, which adds to Microsoft's growing bets on the AI space, includes the participation of BlackRock, Global Infrastructure Partners and MGX.

BlackRock Inc., the world’s largest money manager, has raised $4.5 billion to invest in infrastructure assets it believes will benefit from a global shift to low-carbon energy.

"Infrastructure is one of the most exciting long-term investment opportunities, as a number of structural shifts reshape the global economy," BlackRock CEO and Chairman Laurence D. Fink said in a ...

A massive infrastructure plan could fuel growth in the asset class. Pension funds have contributed to the 10-year rise in invested infrastructure assets. BlackRock says pension investments in ...

[email protected] Global Infrastructure Partners (GIP) Media Relations Mustafa Riffat 646-216-7788 [email protected] Microsoft Media Relations WE Communications for Microsoft ...