Rubio Rejects AI ‘Kill Switch’ Claims as U.S. Defends American Technology Abroad 
Intel, AMD Seek Long-Term China Server CPU Deals as AI Demand Drives Supply Crunch 
Mikron H1 2026 Sales Fall 5.9% as Automation Weakness Weighs on Profit 
Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement With Authors 
AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software 
Morgan Stanley Downgrades Adobe, Workday as AI Transition Raises Growth Concerns 
Belimo H1 Sales Surge as AI Data Center Cooling Drives More Than Half of Growth 
Wistron Opens $700M Texas AI Factory to Build Nvidia GB300 Superchips 
OpenAI Australia Data Center Switches Cooling Strategy After Recycled Water Plan Fails 
Nationwide Data Center Protests Highlight Growing Backlash Against AI Expansion 
Nvidia Reveals 9.3% Stake in AI Cloud Firm Nebius Following $2 Billion Investment 
Ryanair Warns Summer Airfares May Stay Lower as Quarterly Profit Misses Estimates 
Cathay Pacific Sees H1 Profit Surge on Strong Travel Demand 
Australia ASIC Tightens Auditor Oversight After KPMG Leak Scandal 
GE Vernova Q2 Revenue Tops Estimates as Earnings Miss, Shares Slide Despite Higher 2026 Outlook 
SpaceX Eyes Pentagon AI Deal as Cloud Pricing Strategy Pressures CoreWeave 
ASML Trillion-Dollar Valuation: Can Europe’s AI Chip Giant Reach the Historic Milestone? 
BlackRock and Microsoft have launched a $30 billion fund dedicated to investing in artificial intelligence infrastructure, focusing on data centers and energy projects. Nvidia will provide expert guidance, while Abu Dhabi-backed MGX will serve as a general partner to strengthen AI supply chains and energy sourcing.
Microsoft and BlackRock Launch $30 Billion AI Fund
BlackRock and Microsoft said on Tuesday that they intend to establish a fund with a capitalization of over thirty billion dollars, with the purpose of investing in artificial intelligence infrastructure for the purpose of constructing data centers and energy projects.
According to Reuters, artificial intelligence models, particularly those that are utilized for deep learning and large-scale data processing, demand a significant amount of computational power, which results in a larger consumption of energy.
Rising Demand for Specialized Data Centers
The computational requirements for artificial intelligence have mandated that technology companies connect together thousands of chips in clusters in order to reach the required amount of data crunching capacity. This has resulted in an increase in the demand for these specialized data centers.
According to statements made by BlackRock and Microsoft, the Global AI Infrastructure Investment Partnership is an investment vehicle that intends to increase the efficiency of artificial intelligence supply chains and energy sourcing.
MGX Backed by Abu Dhabi Joins Fund
The artificial intelligence chip giant Nvidia will give expertise to the fund, while the investment company MGX, which is sponsored by Abu Dhabi, will be a general partner in the fund.
Including debt funding, the corporations have stated that the alliance will have the capacity to raise up to one hundred billion dollars in total investment potential, as reported by Yahoo Finance.
Investments Focused Mainly in the U.S.
As per the firms, the majority of the investments will be made in the United States, while the remaining portion would be made in the countries that are its partners.
