04:47 PM EDT, 09/17/2024 (MT Newswires) -- BlackRock ( BLK ) , its Global Infrastructure Partners unit, Microsoft ( MSFT ) and MGX said Tuesday that they are creating a global artificial intelligence infrastructure partnership to invest in data centers and energy projects to address the increasing demand

NVIDIA ( NVDA ) will provide support to the global artificial intelligence infrastructure partnership, according to the joint statement.

The partnership will initially seek $30 billion from investors and can mobilize up to $100 billion including debt financing, the statement added.

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