Temasek Joins Forces with Microsoft, BlackRock, and MGX for AI Infrastructure Development

Reported 1 day ago

Temasek has partnered with Microsoft, BlackRock, and MGX to invest in and expand artificial intelligence infrastructure through the AI Infrastructure Partnership. This consortium aims to invest initially over $30 billion in AI-related projects, focusing on essential data centers and energy facilities for AI applications. Temasek's involvement signifies its commitment to future technological shifts, as the consortium seeks to mobilize up to $100 billion, primarily targeting the United States.

Source: YAHOO

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