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- $100 billion investment: Partnership aims to meet the growing demand for AI data centers and energy infrastructure.
- Global collaboration: BlackRock, Microsoft, GIP, and MGX unite to drive innovation and economic growth in the U.S. and beyond.
- Industry transformation: Investments will enable AI breakthroughs, enhance supply chains, and power future global economies.
A new partnership between BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX aims to revolutionize AI infrastructure with a potential $100 billion investment. The Global AI Infrastructure Investment Partnership (GAIIP) focuses on building and expanding data centers and energy infrastructure to meet the demand for AI capabilities.
This partnership will unlock $30 billion in private equity capital, with the potential to mobilize up to $100 billion through debt financing. By fueling AI innovation, GAIIP will support economic growth in the U.S. and partner countries, creating jobs and enhancing global competitiveness.
Data centers are essential to the digital economy, and the infrastructure to support AI is critical for technological advancements. “Mobilizing private capital to build AI infrastructure like data centers and power will unlock a multi-trillion-dollar long-term investment opportunity,” said Larry Fink, Chairman and CEO of BlackRock.
GAIIP brings together leading global investors and technology leaders to scale AI infrastructure. The partnership aims to create a broad, open ecosystem for diverse partners, with NVIDIA supporting AI data center development.
“We are committed to ensuring AI helps advance innovation and drives growth across every sector of the economy,” said Satya Nadella, Chairman and CEO of Microsoft. GAIIP will also focus on sustainability, providing the energy needed for these data centers.
MGX, a leader in AI and advanced technology investment, was created to drive future economies. “Artificial intelligence is not just an industry of the future, it underpins the future,” said His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of MGX. This investment aims to build a more prosperous and equitable future.
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As AI reshapes industries, the need for infrastructure is rapidly growing. Bayo Ogunlesi, Chairman and CEO of GIP, highlighted the urgency of this initiative: “We are highly confident that the combined capabilities of our partnership will help accelerate the pace of investments in AI-related infrastructure.”
The collaboration between these powerhouses will unlock new opportunities for both the AI industry and broader economic growth.
ORIGINAL QUOTES:
His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of MGX, emphasized the importance of AI for the future of our economies: “Artificial intelligence is not just an industry of the future, it underpins the future. Through this unique partnership, we will enable faster innovation, technological breakthroughs and transformational productivity gains across the global economy. The investments we make today will secure a more sustainable, prosperous and equitable future for all mankind.”
“Mobilizing private capital to build AI infrastructure like data centers and power will unlock a multi-trillion-dollar long-term investment opportunity,” said Larry Fink, Chairman and CEO of BlackRock. “Data centers are the bedrock of the digital economy, and these investments will help power economic growth, create jobs, and drive AI technology innovation.”
“We are committed to ensuring AI helps advance innovation and drives growth across every sector of the economy,” said Satya Nadella, Chairman and CEO, Microsoft. “The Global AI Infrastructure Investment Partnership will help us deliver on this vision, as we bring together financial and industry leaders to build the infrastructure of the future and power it in a sustainable way.”
“The capital spending needed for AI infrastructure and the new energy to power it goes beyond what any single company or government can finance,” said Brad Smith, Vice Chair and President of Microsoft. “This financial partnership will not only help advance technology, but enhance national competitiveness, security, and economic prosperity.”
“Building the necessary infrastructure required to advance and accelerate the adoption of AI will reshape and revitalize almost every aspect of how we live,” said Ahmed Yahia Al Idrissi, CEO of MGX. “Similar to our transportation infrastructure, new data centers and power sources will enable growth and commerce in the future innovation economy.”
“There is a clear need to mobilize significant amounts of private capital to fund investments in essential infrastructure. One manifestation of this is the capital required to support the development of AI,” said Bayo Ogunlesi, Chairman and CEO of Global Infrastructure Partners. “We are highly confident that the combined capabilities of our partnership will help accelerate the pace of investments in AI-related infrastructure.”
“Accelerated computing and generative AI are driving a growing need for AI infrastructure for the next industrial revolution,” said Jensen Huang, founder and CEO of NVIDIA. “NVIDIA will use its expertise as a full stack computing platform to support GAIIP and its portfolio companies on the design and integration of AI factories to propel industry innovation.”