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BlackRock, Global Infrastructure Partners and MGX
Abu Dhabi's MGX teams up with BlackRock and Microsoft to raise up to $100bn for AI infrastructure
Abu Dhabi-based technology company MGX, BlackRock, Microsoft and Global Infrastructure Partners have launched an artificial intelligence infrastructure investment partnership that aims to mobilise up to $100 billion in investments to enhance the future of AI.
Abu Dhabi’s MGX, Microsoft, BlackRock team up to launch $30bn AI fund
Abu Dhabi tech investment firm MGX has teamed up with BlackRock, Global Infrastructure Partners (GIP), and Microsoft to launch a $30bn fund that will invest in artificial intelligence to build data centres and energy projects.
MGX, Microsoft, BlackRock, Global Infrastructure Partners launch new AI partnership to invest in data centres
This partnership will support an open architecture and broad ecosystem, providing full access on a non-exclusive basis for a diverse range of partners and companies
Gulf Business
8d
Abu Dhabi tech investment firm MGX in talks to invest in OpenAI: WSJ reports
OpenAI seeks to raise $6.5bn at a valuation of $150bn, which will cement its position as one of the most valuable startups in ...
1d
Microsoft pumps huge sums into AI data centers with Blackrock and Abu Dhabi
First 30 billion, then 100 billion US dollars in total capital – That's how much money an alliance led by Microsoft wants to ...
thearabianpost
3d
Abu Dhabi, Microsoft, BlackRock Join Forces for $30 Billion AI Initiative
Dubai A groundbreaking collaboration between Abu Dhabi-based MGX, Microsoft, and BlackRock is set to redefine the landscape ...
1d
UAE's AI firm G42 and Nvidia to team up on climate tech
United Arab Emirates-based artificial intelligence company G42 has teamed up with U.S. chipmaker Nvidia to work on climate ...
1d
AI’s hungry maw drives massive $100B investment plan by Microsoft and BlackRock
Microsoft's venture partners are notable for their deep pockets. BlackRock manages trillions in assets globally, and MGX, ...
Leadership
3d
Microsoft and BlackRock Lead $30B AI Data Center Investment
Microsoft and BlackRock are collaborating to put $30B investment to develop data centers for AI and the energy infrastructure ...
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Microsoft
Artificial intelligence
BlackRock
Ai
Global Infrastructure Partners
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