BlackRock, GIP and MGX complete $40 billion data centre deal to boost AI development: Report

A consortium comprising BlackRock, Global Infrastructure Partners and Abu Dhabi fund MGX has secured a $40 billion (approximately ₹3,52,380 crore) acquisition of one of the world’s largest data centre operators, as per a report in the Financial Times.

The investment consortium also features Nvidia, Microsoft and xAI. It is set to purchase Texas-based Aligned Data Centers from Macquarie Asset Management, marking its inaugural deal since the alliance was established last year, the report added.

The investment consortium plans to leverage a $100…