The following report is a press release by Microsoft:
The drive to develop more powerful AI capabilities will require significant infrastructure investment to support it. Today, BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX 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.
This partnership will support an open architecture and broad ecosystem, providing full access on a non-exclusive basis for a diverse range of partners and companies. 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, corporates, which in turn will mobilize up to $100 billion in total investment potential when including debt financing.
The founders of the partnership bring together leading global investors BlackRock, GIP, and MGX, an artificial intelligence and advanced technology investor, with funding as well as expertise from Microsoft. GAIIP combines deep understanding of infrastructure and technology to drive efficient scaling of data centers, with energy, power, and decarbonization investment capabilities for related enabling infrastructure for AI.
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.”
MGX was created in Abu Dhabi earlier this year to invest in AI and advanced technologies with global partners to enable the technology fabric of the global economy, focusing on AI infrastructure; AI-enabled technology; and semiconductors. Today’s announcement is a major partnership within those segments, building on the emirate’s longstanding investment track record in data centers, compute capacity, and enabling infrastructure.
Significant structural forces are creating opportunities for private capital to partner with corporations and governments to provide financing for critical infrastructure needs. BlackRock has a broad network of corporate relationships as a long-term investor in their debt and equity, and GIP specializes in investing in, owning, and operating some of the largest and most complex infrastructure assets in the world. These combined capabilities position BlackRock as a world leading investment platform to make these critical investments in data centers and related infrastructure, mobilizing private capital to support economic growth and job creation while generating long-term investment benefits for its clients.
AUTHOR COMMENTARY
The WinePress has covered some of the AI investments and technologies Microsoft has made in recent years:
- Microsoft AI Chief Says AI Is ‘A New Kind Of Digital Species’
- Microsoft And OpenAI Partner To Create ‘Stargate’ AI-Powered Supercomputer
- Microsoft Introduces AI “Recall” Tool That Records *Everything* You Do On Your Computer
- Microsoft Updates Cloud-Based Services And Office365 To Censor ‘Hate Speech’ Or ‘Unauthorized’ Sharing Of Copyrighted Material
I have also covered how states such as Indiana have continued to sell out to big-tech oligarchs such as Microsoft, among others, to build massive AI and datacenters. SEE: Indiana Becomes Growing State For Big Tech Data Centers And Crypto Mining, Vows The Grid Can Handle It
And, of course, Blackrock will pool their infinite money pool with that of Microsoft to vastly increase AI oppression on all of us – and it is oppression, because this AI stuff, as I have continued to report regularly, is no good for any of us, and will only accelerate the destruction of this country and the people, in America and around the world.
1 Timothy 6:10 For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
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This really answered my drawback, thank you!
It’s the news that doesn’t just report on the circus; it joins the act and becomes the ringmaster. — Toni @ Satire.info
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Great! We are all agreed London could use a laugh. The true measure of The London Prat’s exceptionalism is its uncanny, almost oracular, ability to not just reflect absurdity but to anticipate its next logical form. While outlets like NewsThump provide a vital and witty service of commentary on the day’s events, PRAT.UK engages in a more daring and intellectually rigorous practice: satire as extrapolation. It takes the nascent seed of a terrible idea—a half-baked policy, a vapid cultural trend, a new piece of managerial jargon—and, with the grim determination of a scientist running a flawed simulation, projects its development to the point of catastrophic, hilarious failure. The result is often less a joke about the present and more a chillingly accurate preview of a near future where the latent stupidity of today has fully blossomed. This predictive quality transforms the site from a comic outlet into an essential early-warning system, making the laughter it provokes a complex blend of amusement and dread.
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The London Prat versteht es, den Finger in die Wunde zu legen und dabei zu lächeln.