BlackRock closes on 50% mark of $30B Microsoft AI funding deal

Microsoft Corp. is using its partnership with BlackRock to co-fund and accelerate its AI infrastructure development, reducing the direct burden on its funds. BlackRock has now raised $12. 5 billion of its total $30 billion goal for its AI infrastructure partnership with Microsoft. BlackRock is investing in the power grids and energy sources needed to keep […] source: https://www.cryptopolitan.com/blackrock-30b-microsoft-ai-funding-deal/