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BlackRock, Global Infrastructure Partners and MGX
Abu Dhabi's MGX teams up with BlackRock and Microsoft to raise up to $100bn for AI infrastructure
Abu Dhabi-based technology company MGX, BlackRock, Microsoft and Global Infrastructure Partners have launched an artificial intelligence infrastructure investment partnership that aims to mobilise up to $100 billion in investments to enhance the future of AI.
Abu Dhabi’s MGX, Microsoft, BlackRock partner to launch $30bn AI fund
MGX said the investments, which seek to fuel AI innovation and economic growth, will be chiefly in the US and the remainder in partner countries.
BlackRock and Microsoft Partner on $30 Billion AI Infrastructure Fund
BlackRock and Microsoft have partnered to launch a $30 billion AI infrastructure fund to address the growing energy demands of artificial intelligence.
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2h
G42 partners with NVIDIA on next-gen climate solutions
The two firms will develop AI solutions aimed at boosting weather forecasting accuracy globally and will set up an ...
Gulf Business
7d
Abu Dhabi tech investment firm MGX in talks to invest in OpenAI: WSJ reports
OpenAI seeks to raise $6.5bn at a valuation of $150bn, which will cement its position as one of the most valuable startups in ...
12h
UAE's AI firm G42 and Nvidia to team up on climate tech
United Arab Emirates-based artificial intelligence company G42 has teamed up with U.S. chipmaker Nvidia to work on climate ...
1d
Microsoft pumps huge sums into AI data centers with Blackrock and Abu Dhabi
First 30 billion, then 100 billion US dollars in total capital – That's how much money an alliance led by Microsoft wants to ...
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