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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, formed earlier this year, represents Abu Dhabi's strategic push into AI investments, backed by substantial sovereign wealth from the United Arab Emirates.
Microsoft, BlackRock’s AI Fund and Fed Rate Cut Point to More Infrastructure Investments
Investors hoping artificial intelligence will be a big driver of returns this decade may not yet have picked up that AI isn’t really about machines becoming smarter than humans, or robots stealing jobs.
BlackRock, Microsoft to Raise $30 Billion for AI Investments (2)
BlackRock Inc. and Microsoft Corp. are teaming up on one of the largest efforts to date to bankroll the build-out of data warehouses and energy infrastructure behind the boom in artificial intelligence.
Analyst reviews BlackRock rating after AI partnership with Microsoft
Jensen Huang recently said that AI was more of an infrastructure than a group of chips. Now, Microsoft (MSFT) and BlackRock are partnering to fund AI infrastructure in the U.S. On Sept. 17 the software stalwart and the asset-management titan said they'd join the Global Artificial Intelligence Infrastructure Investment Partnership,
Microsoft, BlackRock partner to raise $100bn for AI infrastructure
Microsoft, BlackRock, Global Infrastructure Partners, and Abu Dhabi’s MGX have teamed up to launch the Global AI Infrastructure Investment Partnership (GAIIP). The GAIIP aims to mobilise up to $100bn in total investment potential,
20h
A Once-in-a-Decade Investment Opportunity: 1 Artificial Intelligence (AI) Semiconductor Stock to Buy Hand Over Fist Right Now (Hint: It's Not Nvidia)
A Once-in-a-Decade Investment Opportunity: 1 Artificial Intelligence (AI) Semiconductor Stock to Buy Hand Over Fist Right Now ...
1d
Most Investment Banks Are Applying AI According To This Study
First, we had the blockchain, and everybody was talking about cryptocurrencies and their use cases.We’re quickly integrating ...
1d
Building the AI Future: Microsoft and BlackRock’s $100 Billion AI Investment Plan
Microsoft and BlackRock are teaming up to make a transformative impact on the future of artificial intelligence (AI). The two ...
Fierce Healthcare
11h
Nvidia's venture arm backs $17M investment in Hippocratic AI to build out generative AI healthcare agents
Three months ago, startup Hippocratic AI released its first commercial product, a generative AI-based, task-specific ...
1d
Growing The Economy Through Investment Banking And Generative AI
While investment banking might not seem like a driver, increasing access to investment banking services can be key to growing ...
Axios Login on MSN
2d
Microsoft boots global AI investments in the Middle East and the Global South
Microsoft is boosting its investment in AI for the Middle East and Africa, in conjunction with Abu Dhabi-based G42. Why it ...
Modern Healthcare
9d
Where AI in healthcare is receiving venture capital investment
Of the $60 billion invested by venture capital firms into healthcare AI companies since 2014, more than half has come since ...
3d
Microsoft bringing more AI technology to its productivity software as it works to monetize investments
Microsoft is bringing more AI power to its productivity apps as it seeks to monetize its vast investments in the technology.
3d
Litigation funder Burford eyes law firm investments, AI with Lenkner hire
Burford Capital has hired legal industry veteran Travis Lenkner for a newly-created business development role focused partly ...
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