Microsoft and BlackRock To Launch USD 30 Billion AI Investment Fund for Data Centres and Energy Projects

Microsoft and BlackRock are set to launch a USD 30 billion artificial intelligence investment fund. The fund is said to be a part of the Global Artificial Intelligence Infrastructure Investment Partnership (GAIIP) to invest in building the infrastructure required for AI technologies. As per reports, the development comes in response to the growing demand for AI technology for deep learning models, which require significant computational power. As AI models process massive amounts of data, they consume high levels of energy. The partnership is expected to focus on developing advanced data centres and energy-efficient projects to meet these demands. Microsoft To Introduce New Windows Security Features To Prevent Another CrowdStrike Incident; Check Details.

BlackRock and Microsoft To Launch USD 30 Billion Artificial Intelligence Investment Fund

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