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BlackRock (BLK.N), opens new tab and Microsoft (MSFT.O), opens new tab plan to launch a more than $30 billion fund to invest in artificial intelligence infrastructure to build data centers and energy projects, the companies said on Tuesday. AI models, especially those used for deep learning and large-scale data processing, require substantial computational power, leading to higher energy consumption. The computing requirements for AI have dictated that tech companies string together thousands of chips in clusters to achieve the necessary amount of data crunching power, leading to a surge in the demand for these specialized data centers. The investment vehicle, known as Global AI Infrastructure Investment Partnership, aims to help enhance AI supply chains and energy sourcing, BlackRock and Microsoft said. MGX, the Abu Dhabi-backed investment company, will be a general partner in the fund, while AI chip firm Nvidia (NVDA.O), opens new tab will provide expertise. The partnership will mobilize up to $100 billion in total investment potential when including debt financing, the companies said.... Thoughts? 🔗 https://lnkd.in/gaFGACqC Microsoft #blackrock #AI #datacenters

BlackRock (BLK.N), opens new tab and Microsoft (MSFT.O), opens new tab plan to launch a more than $30 billion fund to invest in artificial intelligence infrastructure to build data centers and energy projects, the companies said on Tuesday. AI models, especially those used for deep learning and large-scale data processing, require substantial computational power, leading to higher energy consumption. The computing requirements for AI have dictated that tech companies string together thousands of chips in clusters to achieve the necessary amount of data crunching power, leading to a surge in the demand for these specialized data centers. The investment vehicle, known as Global AI Infrastructure Investment Partnership, aims to help enhance AI supply chains and energy sourcing, BlackRock and Microsoft said. MGX, the Abu Dhabi-backed investment company, will be a general partner in the fund, while AI chip firm Nvidia (NVDA.O), opens new tab will provide expertise. The partnership will mobilize up to $100 billion in total investment potential when including debt financing, the companies said.... Thoughts? 🔗 https://lnkd.in/e_NUMVjY Microsoft #blackrock #AI #datacenters

💼 Microsoft x BlackRock: Powering the Future of AI Infrastructure! ⚡ Microsoft and BlackRock are joining forces on a massive $30 billion fund aimed at boosting critical infrastructure for AI! 💡 This new initiative, the Global AI Infrastructure Investment Partnership (GAIIP), will focus on building the essential data centers and energy resources needed to meet AI's growing demands. From computational power to sustainable energy, this partnership is setting the foundation for the future of tech. 🌐 What’s exciting? Microsoft isn’t going it alone. GAIIP is a collaboration with Global Infrastructure Partners and UAE-based MGX, with NVIDIA stepping in as a key advisor. 👾 Together, they aim to create a global infrastructure network to fuel AI advancements, and potentially expand this fund to $100 billion! 💰 Microsoft President Brad Smith emphasized that no single company or government can handle this on their own—this is a team effort to ensure that AI innovations keep pushing forward. 🚀 The future of AI is not just about software but the real-world infrastructure that powers it! 🌍 What’s your take? How will this investment shape the global AI landscape? Share your thoughts below! #AIInfrastructure #Microsoft #BlackRock #AIRevolution #TechInvestment #NVIDIA

Attention investors and tech enthusiasts! Are you looking for the next big opportunity in the world of artificial intelligence? I've just read an interesting article about a potential 'millionaire-maker' AI stock that's been flying under the radar. This company isn't a household name like Nvidia or Microsoft, but it's making waves in the AI industry. Key points: • The stock has already surged 150% year-to-date • It's a major player in the custom chip design market • The company has partnerships with tech giants like Meta and Microsoft • Their AI-focused chips are in high demand for data centers and edge computing Want to know more about this hidden gem in the AI sector? Let's discuss! What are your thoughts on investing in lesser-known AI companies? Have you come across any promising AI stocks recently? Share your insights and let's explore the future of AI investments together! #ArtificialIntelligence #InvestmentOpportunities #TechStocks #AIInnovation Read the Full Article: https://lnkd.in/d8FtmQ2H

Nate Rattner and Tom Dotan of The Wall Street Journal wrote an article yesterday highlighting the massive spending occurring within AI. The generative AI wave has sparked one of history's most significant technology investment surges, as tech companies and investors place massive financial bets on its transformative potential. But are the returns coming fast enough? Here are some key insights from the ongoing AI investment frenzy: Financial Highlights from the article: • $64.1 billion in venture capital (Sequoia Capital referenced) has been poured into AI startups this year, nearing record levels. AI now represents nearly a third of all VC funding despite many startups not being profitable yet. • Tech giants are making massive capital expenditures, primarily for AI-optimized data centers and cutting-edge hardware. Microsoft has doubled its number of data centers since 2020, and Google is up 80% in the same period. • Power consumption for U.S. and Canadian data centers has skyrocketed, increasing nearly ninefold since 2015 to meet the energy demands of AI. NVIDIA’s Critical Role: With its AI chips leading the market, NVIDIA is at the center of this spending spree. Meta is planning for 600,000 GPUs by the end of 2024, while Tesla targets 300,000 GPUs next year, driving up demand for specialized hardware. Key Quotes: • Sundar Pichai, CEO of Google parent Alphabet Inc.: “The risk of underinvesting is dramatically greater than the risk of overinvesting.” Companies are spending aggressively to avoid missing out on AI’s potential. • Meta’s Mark Zuckerberg acknowledged that it will be years before these AI investments are monetized, signaling a long-term approach: “It will take time to turn AI into meaningful solutions.” Considering the heavy spending, analysts estimate that AI currently generates revenue in the tens of billions, far below the estimated $600 billion needed to justify today’s capital outlays. Patience is running thin as investors demand paths to profitability. #AI #ArtificialIntelligence #VentureCapital #TechInvesting #BusinessStrategy #DataCenters #Nvidia #Microsoft #Oracle #DataCenters #DigitalTransformation #Meta #Google https://lnkd.in/eYpGGNHV

Microsoft's €4 billion investment in France marks a pivotal moment for the future of AI. The company's commitment to fostering digital innovation and upskilling the workforce is a game-changer for the nation's competitiveness in the global AI landscape. With state-of-the-art data centers and advanced computational infrastructure, France has the potential to become a leader in the responsible utilization of AI technologies. How do you think this historic investment will shape the future of AI in France? Hi, 👋🏼 my name is Doug, I love AI, and I post content to keep you up to date with the latest AI news. Follow and ♻️ repost to share the information! #microsoft #aifrance #digitalinnovation

Investment in data centers is skyrocketing, and with AI on the rise, it's only going to get bigger. According to Fierce Network, investment in data centers could reach an astounding $1 trillion by 2027. Big Tech companies like Apple, Microsoft, Google, and Nvidia are already investing billions into AI, which relies heavily on large datasets and processing power. It's no surprise that data centers are becoming increasingly valuable. In 2023 alone, investment reached a staggering $250 billion. The future of technology is exciting, and it's clear that data centers will play a critical role in shaping it. #AI #DataCenters #Investment #TechTrends

🚨 AI Arms Race Heats Up: Wall Street Poised to Cash In 💰 The AI revolution is kicking into high gear, and it's not just tech giants like Google, Microsoft, and OpenAI making bold moves. Goldman Sachs CEO David Solomon sees an "unprecedented" opportunity for investment banks to finance the massive infrastructure needed to power the AI ambitions of companies and governments worldwide. 🏗️ Some eye-popping numbers: ▶Google's DeepMind unit plans to invest $100B+ in AI ▶Microsoft investing $100B in a single data center for OpenAI ▶Anthropic CEO estimates $1B cost for large language models later this year Meanwhile, all is not well at Tesla, with the stock hitting a 12-month low amid reports of Elon Musk firing a key executive over delays in expanding the Austin factory. 🚗⚡ Other notable developments: ▶ Creator economy startups see funding surge in Q1 📈 ▶Microsoft invests $1.5B in Abu Dhabi tech firm with China ties 🌐 ▶Shopify pits employees against each other in a new ranking system for raises 🏆 One thing is clear: the AI arms race is heating up, and the stakes (and potential rewards) have never been higher. Buckle up! 🚀 #AI #investing #TechGiants #WallStreet #Tesla #CreatorEconomy

AI technology - unfortunately, it might mask important weaknesses! 👋 While AI continues to take the spotlight, not every corner of the tech industry is doing great with it. 👉 Companies like Nvidia and Microsoft have enjoyed massive stock gains driven by their early leadership in AI innovation. Well, outside of AI, the tech landscape looks much less rosy. According to recent reports, some companies are even experiencing revenue declines. 📉 Many sectors like software development, hardware production, and IT services are currently battling weak demand. Do you think there's a hope on the horizon? 👀 #AI #technology #recession #digital #AIInnovation #TechTrends #AIImpact #TechIndustryInsights #StockMarketTrends #Nvidia #Microsoft #RevenueDecline #TechChallenges #ITIndustry #SoftwareDevelopment #HardwareProduction #BusinessOutlook #AIFuture #EconomicTrends #TechDiscussion #FutureOfTech