Global AI Infrastructure Partnership ... learn more

Team S · 2025-01-24T12:27:31.000Z

https://www.youtube.com/watch?v=YCusGTuXP94 On September 17, 2024, a groundbreaking partnership was announced to accelerate AI infrastructure development. BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX launched the Global AI Infrastructure Investment Partnership (GAIIP), aiming to invest in new and expanded data centers and supporting power infrastructure. The GAIIP initiative has set ambitious goals: - Investment Potential: The partnership aims to mobilize up to $100 billion in total investment, including $30 billion in private equity capital. - Focus Areas: Investments will primarily target the United States, with some allocation to U.S. partner countries. - Open Architecture: The partnership will support a broad ecosystem, providing non-exclusive access to various partners and companies. - NVIDIA Support: NVIDIA will offer its expertise in AI data centers and AI factories to benefit the AI ecosystem. The GAIIP initiative aims to: 1. Meet the growing demand for computing power in AI development. 2. Create new energy sources for data facilities. 3. Enhance American competitiveness in AI. 4. Drive economic growth and job creation. 5. Accelerate AI innovation and adoption across various sectors. Several industry leaders expressed their views on the partnership: - Sheikh Tahnoon bin Zayed Al Nahyan (Chairman of MGX) emphasized AI's role in shaping the future economy. - Larry Fink (CEO of BlackRock) highlighted the potential for unlocking a multi-trillion-dollar long-term investment opportunity. - Satya Nadella (CEO of Microsoft) stressed the partnership's role in advancing innovation and driving growth across economic sectors. - Brad Smith (Vice Chair and President of Microsoft) noted the partnership's potential to enhance national competitiveness, security, and economic prosperity. The GAIIP brings together: - BlackRock: A leading provider of financial technology and investment services. - Global Infrastructure Partners (GIP): A specialist in investing and operating large infrastructure assets. - Microsoft: A technology company focused on AI-powered platforms and tools. - MGX: A technology investment company based in Abu Dhabi, focusing on AI and advanced technologies.

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Global AI Infrastructure Partnership ... learn more | Newnex