The Investment Group GAIIP Wants to Mobilize up to $100 Billion! BlackRock, Microsoft and Nvidia Invest in AI Data Centers and Energy Infrastructure

BlackRock (BLK) and Microsoft (MSFT) are part of a group of companies that will set up an investment fund for artificial intelligence. The fund is expected to mobilize up to $100 billion for the development and construction of data centers and their energy infrastructure, and these funds will be invested primarily in the US and its partner countries to meet the growing demand for AI and stimulate economic growth. On Tuesday, September 17, 2024, the companies announced that they will be part of a newly formed partnership called GAIIP Global AI...