Microsoft, BlackRock Unveil $30 Bn AI Infrastructure Fund

BlackRock and Microsoft have teamed up to launch a more than USD 30 billion fund aimed at developing AI infrastructure. The “Global AI Infrastructure Investment Partnership” will focus on building specialised data centres and energy projects to meet the growing computational demands of AI models, which are increasingly dependent on large-scale data processing and deep learning.

With AI systems requiring vast amounts of energy and computational power, tech companies are stringing together thousands of chips in clusters to achieve the necessary processing capabilities. This growth in demand for AI infrastructure has prompted the creation of this new investment vehicle, designed to support AI supply chains and energy sourcing.

The partnership includes MGX, an investment company backed by Abu Dhabi, as a general partner, while Nvidia—a leader in AI chip technology—will provide critical expertise. Together, these companies aim to push the boundaries of AI development by creating a robust infrastructure to support its expansion.

In addition to the initial USD 30 billion, the partnership has the potential to mobilise up to USD 100 billion in total investment through debt financing. Most of the investment will be concentrated in the United States, with additional funds earmarked for projects in partner countries. This strategic move highlights the increasing global focus on AI development and the infrastructure needed to support its exponential growth.