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New $30B partnership to expand AI-driven data centers and tackle rising energy needs

BlackRock, Global Infrastructure Partners, Microsoft, and MGX have formed the Global AI Infrastructure Investment Partnership (GAIIP) to invest $30 billion in US data centers. With support from Nvidia, the collaboration aims to address AI’s growing energy demands and ensure sustainable infrastructure expansion. GAIIP’s efforts will help fuel economic growth, create jobs, and power the next generation of AI-driven digital infrastructure.

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