{"id":226673,"date":"2025-10-15T14:17:08","date_gmt":"2025-10-15T14:17:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/226673\/"},"modified":"2025-10-15T14:17:08","modified_gmt":"2025-10-15T14:17:08","slug":"blackrock-nvidia-backed-group-strikes-40-billion-ai-data-center-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/226673\/","title":{"rendered":"BlackRock, Nvidia-backed group strikes $40 billion AI data center deal"},"content":{"rendered":"\n<p class=\"yf-1090901\">(Reuters) -An investor group, including BlackRock (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/BLK\" data-ylk=\"slk:BLK;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">BLK<\/a>) and <a href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\/\" data-ylk=\"slk:Nvidia;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a> (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\" data-ylk=\"slk:NVDA;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">NVDA<\/a>), will buy Aligned Data Centers from Macquarie Asset Management in a deal worth $40 billion, the companies said on Wednesday, as AI infrastructure expansion powers on.<\/p>\n<p class=\"yf-1090901\">Nvidia stock rose 1% in Wednesday trading.<\/p>\n<p class=\"yf-1090901\">The deal underscores an intensifying race to expand the costly, supply-constrained infrastructure required to develop artificial intelligence technology, as companies rush to build sophisticated AI models.<\/p>\n<p class=\"yf-1090901\">The acquisition follows a slew of mega-deals focused on securing coveted compute capacity. ChatGPT creator <a href=\"https:\/\/www.yahoo.com\/organizations\/openai\/\" data-ylk=\"slk:OpenAI;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">OpenAI<\/a> has in recent weeks unveiled agreements totaling about 26 gigawatts of computing capacity, enough to power roughly 20 million U.S. homes.<\/p>\n<p class=\"yf-1090901\">The investment consortium, dubbed the Artificial Intelligence Infrastructure Partnership (AIP), has an initial target of deploying $30 billion of equity capital, with the potential of reaching $100 billion, including debt.<\/p>\n<p class=\"yf-1090901\">This is AIP&#8217;s first investment, and the transaction is expected to close in the first half of 2026.<\/p>\n<p class=\"yf-1090901\">&#8220;With this investment in Aligned Data Centers, we further our goal of delivering the infrastructure necessary to power the future of AI,&#8221; said Larry Fink, CEO of BlackRock and chairman of AIP.<\/p>\n<p class=\"yf-1090901\">AIP also includes xAI and <a href=\"https:\/\/www.yahoo.com\/organizations\/microsoft\/\" data-ylk=\"slk:Microsoft;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Microsoft<\/a>, along with the Kuwait Investment Authority and Singapore&#8217;s state-owned investor Temasek as anchor investors<\/p>\n<p class=\"yf-1090901\">Aligned designs, builds and operates data centers for hyperscalers, neoclouds and enterprises.<\/p>\n<p class=\"yf-1090901\">Its portfolio includes 50 campuses and more than 5 gigawatts of operational and planned capacity, including assets under development, located across the U.S. and Latin America.<\/p>\n<p class=\"yf-1090901\">Aligned will remain headquartered in Dallas, Texas, and will be led by CEO Andrew Schaap.<\/p>\n<p class=\"yf-1090901\">HEFTY INVESTMENTS<\/p>\n<p class=\"yf-1090901\">Aligned&#8217;s $12 billion fundraising earlier this year was one of the largest private capital injections into a data center company. But the scale of financing required to keep pace with demand is only growing.<\/p>\n<p class=\"yf-1090901\">The capital-intensive undertaking of expanding AI infrastructure has attracted hundreds of billions of dollars in investment from big tech companies, startups, private equity and infrastructure funds.<\/p>\n<p class=\"yf-1090901\">OpenAI last week unveiled a 6-gigawatt AI chip supply deal with AMD that includes an option to buy a stake in the chipmaker, days after disclosing that Nvidia plans to invest up to $100 billion in the startup and provide it with data center systems with at least 10 gigawatts of capacity.<\/p>\n<p class=\"yf-1090901\">Morgan Stanley estimates big cloud companies, including Alphabet, Amazon.com, Meta, Microsoft and Coreweave, are on track to spend $400 billion on AI infrastructure this year.<\/p>\n","protected":false},"excerpt":{"rendered":"(Reuters) -An investor group, including BlackRock (BLK) and Nvidia (NVDA), will buy Aligned Data Centers from Macquarie Asset&hellip;\n","protected":false},"author":2,"featured_media":226674,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[126981,12295,28,7258,126984,126983,126982,126980,4321],"class_list":["post-226673","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-artificial-intelligence-infrastructure-partnership","tag-blackrock","tag-business","tag-data-centers","tag-investment-consortium","tag-investor-group","tag-kuwait-investment-authority","tag-macquarie-asset-management","tag-nvidia"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/226673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=226673"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/226673\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/226674"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=226673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=226673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=226673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}