Sept 13 (Reuters) - BlackRock ( BLK ) plans to invest
500 million pounds ($700 million) in British data-centre
infrastructure, one of a string of deals to be announced during
U.S. President Donald Trump's state visit next week, Sky News
reported on Saturday.
BlackRock ( BLK ) and Downing Street did not immediately respond to
Reuters requests for comment on the report, which said BlackRock ( BLK )
would invest through a new venture with Digital Gravity
Partners.
BlackRock ( BLK ) CEO Larry Fink will join OpenAI's Sam Altman and
Blackstone's Stephen Schwarzman as part of the business
delegation accompanying Trump, Sky News reported this week.
Altman and Nvidia ( NVDA ) CEO Jensen Huang plan to pledge
support for billions of dollars in British data-centre
investments during the trip, Bloomberg News reported on
Thursday.
The investments underscore rising demand for digital
infrastructure, driven by artificial intelligence and cloud
computing.
($1 = 0.7377 pounds)