– Partnership Announcement: BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX launch the Global AI Infrastructure Investment Partnership (GAIIP).
– Investment Focus: Investments in new and expanded data centers and energy infrastructure to support AI capabilities.
– Investment Potential: Up to $100 billion in total investment potential, with an initial goal to unlock $30 billion of private equity capital.
– Geographic Focus: Primarily in the United States, with some investments in U.S. partner countries.
– Support from NVIDIA: NVIDIA will support GAIIP with expertise in AI data centers and AI factories.
– Open Architecture: The partnership will support an open architecture and broad ecosystem, providing non-exclusive access to a diverse range of partners and companies.
– Economic Impact: Investments aimed at fueling AI innovation, economic growth, job creation, and enhancing national competitiveness.
– Sustainability: Focus on sustainable energy infrastructure to power data centers.
– His Highness Sheikh Tahnoon bin Zayed Al Nahyan emphasized AI’s importance for future economies.
– Statements:
– Larry Fink highlighted the long-term investment opportunity in AI infrastructure.
– Satya Nadella stressed AI’s role in advancing innovation and economic growth.
– Brad Smith noted the need for collaborative financial partnerships to advance technology.
– Ahmed Yahia Al Idrissi discussed the transformative impact of AI infrastructure.
– Bayo Ogunlesi expressed confidence in the partnership’s ability to accelerate AI-related investments.
– Jensen Huang, mentioned NVIDIA‘s role in supporting AI infrastructure development.
– MGX’s Role: MGX, created in Abu Dhabi, focuses on AI infrastructure, AI-enabled technology, and semiconductors.
– BlackRock and GIP’s Expertise: BlackRock’s corporate relationships and GIP’s experience in complex infrastructure assets position them as leaders in making critical investments.
