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Temasek joins Microsoft, BlackRock and MGX to develop AI infrastructure

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Temasek has joined a consortium backed by Microsoft, BlackRock and tech investment company MGX to invest and expand artificial intelligence infrastructure, according to BlackRock’s investor day presentation slides on Thursday.

The Singapore state investment company has joined AI Infrastructure Partnership, a group that also includes BlackRock’s Global Infrastructure Partners, the slides showed.

AIP, formed in September with a goal to initially invest more than $30 billion in AI-related projects, is one of the world’s largest efforts to invest in data…

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