BlackRock and Partners Launch $40 Billion AI Data Center Expansion
TL;DR Summary
Nvidia has achieved a major AI milestone with a $40 billion data center deal involving Microsoft and BlackRock, reinforcing its leadership in AI hardware and software. CEO Jensen Huang expressed regrets over missed investments in xAI and CoreWeave, highlighting the competitive and rapidly evolving AI landscape. Despite its dominance, Nvidia faces challenges from geopolitical restrictions and rivals like AMD, but its comprehensive AI ecosystem and infrastructure investments keep it at the forefront.
- Nvidia just scored a massive AI win, but Jensen Huang has regrets TheStreet
- BlackRock, Nvidia-backed group strikes $40 billion AI data center deal Reuters
- BlackRock’s $40B data center deal opens a new infrastructure battle for CIOs cio.com
- BlackRock’s AI Consortium to Buy Aligned Data Centers in $20 Billion Deal The Wall Street Journal
- BlackRock, GIP and MGX in $40bn data centre takeover to power AI growth Financial Times
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