necessitated by the increasing capabilities of AI technologies. A new partnership between Microsoft and BlackRock aims to ...

Microsoft, BlackRock, Global Infrastructure Partners, and MGX have announced the formation of the Global AI Infrastructure ...

Microsoft, investor BlackRock, and Dubai-based AI investment company MGX are investing 100 billion dollars in AI data centers ...

GPU cloud provider CoreWeave has closed a minority investment of $650 million. Announced this week, the latest investment round was led by investors Jane Street, Magnetar, Fidelity Management & ...

Microsoft (MSFT) is at the forefront of the AI arms race, boasting an exceptional business model that consistently generates ...

Blackstone, Pimco, Carlyle and BlackRock are among those that have created a lucrative new debt market over the past year by lending to “neocloud” companies, which provide cloud computing to tech ...

Today, BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX announced the Global AI Infrastructure Investment Partnership (GAIIP) to make investments in new and expanded data ...

The latest results from Microsoft and Meta have spurred mixed reactions from investors and markets, with share prices in both ...

(Reuters) - AI cloud startup CoreWeave said on Wednesday it has closed a $650 million minority investment led by Jane Street, Magnetar, Fidelity Management and Macquarie Capital, as investors look to ...

The upcoming AI City proposes new solutions to address the growing demand for data centers. It also outlines plans to tackle energy consumption ...

SAN JOSE, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Microsoft and BlackRock have joined forces to launch a $100 billion fund dedicated to artificial intelligence (AI) infrastructure. This initiative, ...