Reported 15 days ago
A consortium led by Nvidia, BlackRock, and Microsoft is set to acquire Aligned Data Centers for approximately $40 billion, aiming to enhance next-gen cloud and AI infrastructure. This acquisition highlights a surge of recent investments in the AI sector, addressing critical resource needs for technology growth. Aligned operates 50 campuses, mainly in the U.S. and Latin America, and will continue under CEO Andrew Schaap post-acquisition. The deal marks the consortium's first move, with a plan to mobilize $30 billion in equity capital, anticipating further boosting AI innovation and economic productivity.
Source: YAHOO