Microsoft, BlackRock, GIP, and MGX announced a partnership to invest in AI infrastructure, primarily in the US. The partnership aims to raise up to $100 billion.
Startups and big tech companies worldwide are scrambling to build the infrastructure required to support the new wave of AI applications. A significant investment is needed to create this infrastructure. Microsoft, BlackRock, Global Infrastructure Partners (GIP), and MGX announced the Global AI Infrastructure Investment Partnership (GAIIP) to make investments to support building data centers and the energy infrastructure required to support these data centers. These new investments will be made mainly within the US, but some investment may also go to U.S. partner countries.
Microsoft and its partners made it clear that they will support an open architecture and broad ecosystem to accommodate various partners required to build out this AI infrastructure.
