BlackRock, Microsoft Launch $30 Billion Fund to Build AI Data Centers for High Energy Needs

BlackRock and Microsoft have partnered to form a new group that aims to create a $30 billion investment fund dedicated to artificial intelligence (AI) data centers. This move comes as demand for AI technology continues to surge, requiring vast computing power and energy to operate efficiently. AI Energy Demands Spark New Opportunities for Bitcoin Miners The fund aims to raise... source: https://beincrypto.com/blackrock-microsoft-30-billion-ai-fund/