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