Microsoft and BlackRock Launch $30B AI Fund

Microsoft, BlackRock, and Other Giants Unite for AI Growth
In a significant move, Microsoft, alongside BlackRock, Global Infrastructure Partners, and MGX, has announced a new investment fund aimed at the rapidly expanding artificial intelligence (AI) sector. This initiative, named the Global AI Infrastructure Investment Partnership (GAIIP), represents a substantial $30 billion commitment, with potential to scale up to $100 billion through debt financing.