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BlackRock, Global Infrastructure Partners, Microsoft, and MGX Welcome NVIDIA and xAI to the AI Infrastructure Partnership to Drive Investment in Data Centers and Enabling Infrastructure

1. BlackRock partners with tech firms to strengthen AI infrastructure investments. 2. NVIDIA and xAI join BlackRock's Global AI Infrastructure Partnership.

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FAQ

Why Bullish?

The formation of the AI Infrastructure Partnership can enhance BlackRock's investment portfolio. Historical trends show that investments in AI typically boost company valuations.

How important is it?

The partnership enhances BlackRock's position in a growing sector, likely raising investor interest.

Why Long Term?

AI investments usually yield returns over a longer duration, suggesting sustained future growth for BLK.

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NEW YORK & REDMOND, Wash. & ABU DHABI, United Arab Emirates & SANTA CLARA, Calif. & SAN FRANCISCO--(BUSINESS WIRE)--BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, Microsoft, and MGX today announced that NVIDIA and xAI will join the Global AI Infrastructure Investment Partnership, now named the AI Infrastructure Partnership (AIP), further strengthening the partnership's technology leadership as the platform seeks to invest in new and expanded AI infrastructure. NVIDIA will.

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