The world's leading providers of investment, BlackRock, in partnership with Microsoft and the Abu Dhabi-backed investment firm MGX, is about to introduce a $30 billion AI-focused fund, according to a report published in the Financial Times today. Global Infrastructure Partners (GIP), which BlackRock agreed to buy for $12.5 billion in a deal back in January, is partnering with BlackRock to launch the fund. BlackRock's infrastructure investment division is now called GIP.
The world's leading providers of investment, BlackRock, in partnership with Microsoft and the Abu Dhabi-backed investment firm MGX, is about to introduce a $30 billion AI-focused fund, according to a report published in the Financial Times today. Global Infrastructure Partners (GIP), which BlackRock agreed to buy for $12.5 billion in a deal back in January, is partnering with BlackRock to launch the fund. BlackRock's infrastructure investment division is now called GIP.