Reported 16 days ago
A consortium including BlackRock, Microsoft, and Nvidia is set to acquire Aligned Data Centers, a major player in the data center industry, for $40 billion. The deal aims to secure essential computing infrastructure to support the growing demands of artificial intelligence. This acquisition marks a significant investment within the AI Infrastructure Partnership and coincides with a broader trend of increased spending on AI infrastructure by major tech companies, which is expected to reach $400 billion this year.
Source: YAHOO