DigiGov Central

AI Infrastructure Investment

BlackRock is preparing to launch a more than $30bn artificial intelligence investment fund with technology giant Microsoft to build data centers and energy projects to meet growing demands stemming from AI.

The investment vehicle is aimed at addressing the staggering power and digital infrastructure demands of building AI products that are expected to face severe capacity bottlenecks in coming years. The computing power of AI requires far more energy than previous technological innovations and has strained existing energy infrastructure.

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