Microsoft, BlackRock and other companies reveal Global AI Infrastructure Investment Partnership

Startups and major technology firms across the globe are racing to establish the essential infrastructure for AI applications. A substantial amount of investment is required to set up this infrastructure. Microsoft, BlackRock, Global Infrastructure Partners (GIP), and MGX have announced the formation of the Global AI Infrastructure Investment Partnership (GAIIP), aimed at investing in data centers and the necessary energy infrastructure to support these facilities. The primary focus of these investments will be within the US, with some allocations possibly directed to U.S. partner nations.

Microsoft and its collaborators emphasized their commitment to fostering an open architecture and a diverse ecosystem to include various partners essential for developing this AI infrastructure. NVIDIA, a crucial supplier of AI infrastructure components, will lend its expertise in AI data centers and AI manufacturing to support GAIIP.

The partnership initially aims to mobilize $30 billion in private equity capital over time from investors, asset owners, and corporations. Ultimately, they aspire to raise up to $100 billion in total investment, which will include debt financing.

Satya Nadella, Chairman and CEO of Microsoft, stated:

“We are committed to ensuring AI helps advance innovation and drives growth across every sector of the economy. The Global AI Infrastructure Investment Partnership will help us deliver on this vision, as we bring together financial and industry leaders to build the infrastructure of the future and power it in a sustainable way.”

His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of MGX, remarked:

“Artificial intelligence is not just an industry of the future; it underpins the future. Through this unique partnership, we will enable faster innovation, technological breakthroughs, and transformational productivity gains across the global economy. The investments we make today will secure a more sustainable, prosperous, and equitable future for all mankind.”

This significant investment from GAIIP underscores a strong commitment to enhancing AI capabilities and maintaining the US’s leadership in technological innovation. The emphasis on sustainable energy further highlights the necessity of responsible AI development for a brighter future.

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