$100 billion AI infrastructure fund launched by Microsoft, BlackRock, UAE firm
Microsoft's venture partners are notable for their deep pockets. BlackRock manages trillions in assets globally, and MGX, formed earlier this year, represents Abu Dhabi's strategic push into AI investments, backed by substantial sovereign wealth from the United Arab Emirates.
BlackRock, Global Infrastructure Partners, Microsoft, MGX Launch AI Partnership
The partnership, called the Global AI Infrastructure Investment Partnership, will additionally build out energy infrastructure to create power sources for the facilities, the companies said.
Analyst reviews BlackRock rating after AI partnership with Microsoft
Jensen Huang recently said that AI was more of an infrastructure than a group of chips. Now, Microsoft (MSFT) and BlackRock are partnering to fund AI infrastructure in the U.S. On Sept. 17 the software stalwart and the asset-management titan said they'd join the Global Artificial Intelligence Infrastructure Investment Partnership,
Microsoft, BlackRock’s AI Fund and Fed Rate Cut Point to More Infrastructure Investments
Investors hoping artificial intelligence will be a big driver of returns this decade may not yet have picked up that AI isn’t really about machines becoming smarter than humans, or robots stealing jobs.
Microsoft, BlackRock partner to raise $100bn for AI infrastructure
Microsoft, BlackRock, Global Infrastructure Partners, and Abu Dhabi’s MGX have teamed up to launch the Global AI Infrastructure Investment Partnership (GAIIP). The GAIIP aims to mobilise up to $100bn in total investment potential,
What Should Happen With California’s AI Regulation Bill?
The published version of Forbes’ CIO newsletter delivers the latest news for chief innovation officers and other ...
California Governor’s desk overflows with AI bills as state leads the charge on regulation
He signed five in one week—on deepfakes and actors' rights—but is still mulling over SB1047 ...
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Shopping on Amazon? Almost Everything You See Could Soon be AI-Generated
Product pages are getting AI in every nook and cranny, with new seller tools that create video ads, item descriptions, and ...
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Generative AI is transforming Silicon Valley
All this makes Open AI sound like a typical tech sensation: a sizzling startup reliant on intrepid investors to develop a new ...
AI development is being hijacked by Big Tech and rich nations, UN report warns
The UN's High-Level Advisory Body on AI has issued recommendations to remedy the clear disadvantage startups and developing ...
How to stop LinkedIn from training AI on your data
Users can opt out of AI training by navigating to the "Data privacy" section in their account settings, then turning off the ...
Digital Maturity Key to AI Success in Australian Cyber Security
ManageEngine reveals that digital maturity is essential for AI success in Australian cyber security. Discover how streamlined ...
How The EU AI Act Stands To Impact Business
With these regulations, several layers of complexity are knocking on the door of an already challenging process.
AI risks making some people ‘uninsurable’, warns UK financial watchdog
Consumers risk becoming “uninsurable” due to artificial intelligence systems in the sector, the head of Britain’s financial ...
Amazon debuts an AI assistant for sellers, Project Amelia
Amazon sellers now have access to an AI assistant designed to help them grow their business by answering questions about ...
Google to Label AI-Generated Images in Search Results
Google’s new AI disclosure feature can impact customer trust and help to maintain credibility in search and advertising.
Mark Zuckerberg says Europe needs more consistent AI regulation—and even his privacy nemesis agrees
Leading technology executives, including Meta's Mark Zuckerberg, Spotify's Daniel Ek, and Stripe's Patrick Collison, have ...