Microsoft and BlackRock to launch $30 billion fund for AI infrastructure

(Reuters) -BlackRock is planning to launch a more than $30 billion artificial intelligence investment fund with Microsoft to build data centers and energy projects to meet growing AI-related demands. MGX, the Abu Dhabi-backed investment company, will be a general partner in the fund, while AI chip firm Nvidia will provide expertise. (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Shounak Dasgupta) Disclaimer: This report is auto generated from the Reuters news service.

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