Microsoft and BlackRock have partnered to raise $30 billion to develop data centers for their AI ventures and the energy infrastructure to power them.

Investing.com -- Moody’s Ratings has affirmed BlackRock (NYSE: BLK ), Inc.’s backed senior unsecured Aa3 ratings while ...

Layoffs have hit companies from Disney to Meta to Intel this year amid a backdrop of cost-cutting and technological change.

Investment powerhouse BlackRock is set to launch a massive AI-focused fund, exceeding $30 billion, in collaboration with Microsoft and the Abu Dhabi-backed investment outfit MGX, the FT reported ...

He also collaborated with Microsoft to help enhance Copilot, based on input from BlackRock’s early adopters. In all, BlackRock, a global company based in New York City, purchased more than 24,000 ...

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Microsoft, BlackRock and others are teaming up on a new effort to bring investments to the U.S. AI sector. The partners are looking to grow the U.S.'s position in AI data centers and power generation.

BlackRock BLK1.30%increase; green up pointing triangle, Microsoft MSFT 0.44%increase; green up pointing triangle and United Arab Emirates state-backed investor MGX are partnering on a new ...

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 ...

“They are diversifying their exposure within private markets,” Armando Senra, head of the Americas institutional business at BlackRock, said in an interview. “While allocations used to be primarily ...