BlackRock, Global Infrastructure Partners, Microsoft, and MGX launch new AI partnership to invest in data centers and supporting power infrastructure

BlackRock, Global Infrastructure Partners (GIP), Microsoft and MGX have announced the Global AI Infrastructure Investment Partnership (GAIIP) to make investments in new and expanded data centers to meet growing demand for computing power, as well as energy infrastructure to create new sources of power for these facilities. These infrastructure investments will be chiefly in the United States fueling AI innovation and economic growth, and the remainder will be invested in U.S. partner countries.

NVIDIA will support GAIIP, offering its expertise in AI data centers and AI factories to benefit the AI ecosystem. GAIIP will also actively engage with industry leaders to help enhance AI supply chains and energy sourcing for the benefit of its customers and the industry. The partnership will initially seek to unlock $30 billion of private equity capital over time from investors, asset owners and corporates, which in turn will mobilize up to $100 billion in total investment potential w