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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 in AI Infrastructure with NVIDIA and xAI. 2. New investments in AI infrastructure could enhance BlackRock's market position.

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FAQ

Why Bullish?

BlackRock's involvement in AI infrastructure can lead to significant growth, similar to past tech investments. Collaborations with leading firms like NVIDIA suggest strong future revenue streams.

How important is it?

The article outlines a significant strategic partnership that could enhance BlackRock's capabilities in a growing market. Given AI's potential in asset management, this development could attract investor interest and elevate stock performance.

Why Long Term?

Investments in AI infrastructure are expected to yield benefits over years. Historical examples include how early investments in tech by asset managers led to substantial returns.

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MSFTNVDAXAI
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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