Tag: BlackRock

Assistive TechnologyBusiness

BlackRock, Nvidia-Backed Consortium Acquires Aligned Data Centers in $40 Billion AI Infrastructure Deal

An investor consortium including BlackRock, Microsoft, and Nvidia has purchased Aligned Data Centers in a landmark $40 billion transaction. The deal represents the first major acquisition for the AI Infrastructure Partnership formed last year to secure computing resources for artificial intelligence development.

Major AI Infrastructure Acquisition

An investor group backed by financial and technology giants including BlackRock, Microsoft, and Nvidia has acquired Aligned Data Centers in a massive $40 billion deal, according to reports confirmed Wednesday. The transaction represents one of the largest infrastructure purchases in the data center industry’s history and signals intense competition for computing resources to power artificial intelligence systems.

by Tyler Brooks P.E
Assistive TechnologyInfrastructure

Nvidia, BlackRock Lead $40B Data Center Acquisition to Expand AI Infrastructure

A consortium including Nvidia, BlackRock, and Microsoft is acquiring Aligned Data Centers in a deal reportedly worth approximately $40 billion. The transaction represents one of the largest infrastructure investments targeting the rapidly expanding artificial intelligence sector, according to industry reports.

Major AI Infrastructure Acquisition

A consortium including BlackRock, Nvidia, and Microsoft is acquiring Aligned Data Centers in what sources indicate is an approximately $40 billion deal, marking one of the largest infrastructure investments targeting the expanding artificial intelligence sector. The acquisition comes as analysts suggest top AI developers are flooding the booming sector with resources to address the electricity and infrastructure requirements needed to support advanced AI technology.

by Megan Carter
BusinessStocks and Bonds

Pre-Market Stock Movers: JPMorgan Chase, Goldman Sachs, General Motors Lead Earnings-Driven Activity

Major financial institutions including JPMorgan Chase and Goldman Sachs report strong quarterly earnings, while General Motors faces electric vehicle charges. Rare earth miners surge on supply chain developments as several companies announce strategic moves affecting pre-market trading.

Pre-market trading activity shows significant movement across multiple sectors as companies report quarterly earnings and announce strategic developments. Financial heavyweights including JPMorgan Chase and Goldman Sachs lead the early session following better-than-expected results, while General Motors faces pressure from electric vehicle strategy changes and rare earth miners continue their rally on supply chain developments.

Financial Sector Earnings Drive Early Market Movement

by Megan Carter