{"id":856731,"date":"2024-09-18T09:20:51","date_gmt":"2024-09-18T03:50:51","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=856731"},"modified":"2024-09-18T09:40:10","modified_gmt":"2024-09-18T04:10:10","slug":"blackrock-microsoft-join-hands-to-raise-30-billion-for-ai-investments","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/18\/blackrock-microsoft-join-hands-to-raise-30-billion-for-ai-investments\/","title":{"rendered":"Blackrock, Microsoft join hands to raise $30 billion for AI investments"},"content":{"rendered":"<p>BlackRock Inc. and Microsoft Corp. are teaming up on one of the largest efforts to date to bankroll the build-out of data warehouses and energy infrastructure behind the boom in artificial intelligence. <\/p>\n<p>The companies, along with the United Arab Emirates\u2019 MGX investment vehicle, will seek $30 billion of private equity capital over time for the strategy, which will then leverage the money to as much as $100 billion in potential investments, the companies announced Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BlackRock Inc. and Microsoft Corp. are teaming up on one of the largest efforts to date to bankroll the build-out of data warehouses and energy infrastructure behind the boom in artificial intelligence. The companies, along with the United Arab Emirates\u2019 MGX investment vehicle, will seek $30 billion of private equity capital over time for the strategy, which will then leverage the money to as much as $100 billion in potential investments, the companies announced Tuesday.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-856731","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/856731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=856731"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/856731\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=856731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=856731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=856731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}