Tech is going to need datacenters and power sources, and a lot of 'em
Microsoft is joining with BlackRock and other private equity investors in a new AI fund that aims to eventually raise $100 billion for datacenters and their supporting power infrastructure.
The fund intends to make investments in new bit barns and expand existing sites to meet customers ever-growing demand for compute, as well as to sink money into in energy infrastructure to provide fresh sources of power for the facilities. Investments are to be chiefly in the US, Microsoft says, and the remainder will be in"US partner countries," an annoyingly vague term that could mean almost anywhere in the world – although we would bet on some going to the UAE, given MGX's involvement.According to the participants, the idea is to build datacenters using"an open architecture and broad ecosystem," with GPU giant Nvidia also supporting the project.
The other part of this investment agreement concerns power, or meeting the unquenchable thirst for extra energy infrastructure to support the expanding fleet of AI bit barns. However, details here are remain vague.
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