To meet the growing demand for AI-driven computing power, substantial infrastructure investment is essential. In response, BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX have partnered to form the Global AI Infrastructure Investment Partnership (GAIIP) to invest in the development of new and expanded data centers. Additionally, the partnership aims to enhance energy infrastructure, creating new power sources for these facilities. The majority of these investments will focus on the United States to drive AI innovation and economic growth, with additional funding directed toward partner countries.
This partnership will support an open architecture and ecosystem, providing non-exclusive access for a variety of partners. NVIDIA will share its experience in developing AI data centers for the improvement of the AI environment, at the same time, GAIIP will cooperate with other key players for the optimization of AI supply chains and energy acquisition.
To meet the growing demand for AI-driven computing power, substantial infrastructure investment is essential. In response, BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX have come together to form the Global AI Infrastructure Investment Partnership (GAIIP). Their goal is to invest in the expansion and creation of data centers, while also enhancing energy infrastructure to support these facilities. The majority of these investments will be directed at the U.S., boosting AI innovation and economic growth, with further funds allocated to partner nations.
The partnership aims to unlock $30 billion of private equity that could attract up to $100 billion in total investment, including debt. The founders consist of global investors BlackRock, GIP, and MGX, and support from Microsoft, leveraging infrastructure competencies, energy, and decarbonization for AI ventures.
Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of MGX said, “Artificial intelligence is not just an industry of the future, it underpins the future. Through this unique partnership, we will enable faster innovation, technological breakthroughs and transformational productivity gains across the global economy. The investments we make today will secure a more sustainable, prosperous and equitable future for all mankind.”
Chairman and CEO of BlackRock Larry Fink, said, “Mobilizing private capital to build AI infrastructure like data centers and power will unlock a multi-trillion-dollar long-term investment opportunity. Data centers are the bedrock of the digital economy, and these investments will help power economic growth, create jobs, and drive AI technology innovation.”
Satya Nadella, Chairman and CEO, of Microsoft, said, “We are committed to ensuring AI helps advance innovation and drives growth across every sector of the economy. The Global AI Infrastructure Investment Partnership will help us deliver on this vision, as we bring together financial and industry leaders to build the infrastructure of the future and power it in a sustainable way.”
Vice Chair and President of Microsoft Brad Smith, said, “The capital spending needed for AI infrastructure and the new energy to power it goes beyond what any single company or government can finance. This financial partnership will not only help advance technology, but enhance national competitiveness, security, and economic prosperity.”
CEO of MGX Said Ahmed Yahia AI Idrissi said, “Building the necessary infrastructure required to advance and accelerate the adoption of AI will reshape and revitalize almost every aspect of how we live. Similar to our transportation infrastructure, new data centers and power sources will enable growth and commerce in the future innovation economy.”
Bayo Ogunlesi, Chairman and CEO of Global Infrastructure Partners, said, “There is a clear need to mobilize significant amounts of private capital to fund investments in essential infrastructure. One manifestation of this is the capital required to support the development of AI. We are highly confident that the combined capabilities of our partnership will help accelerate the pace of investments in AI-related infrastructure.”
Jensen Huang, founder and CEO of NVIDIA said, “Accelerated computing and generative AI are driving a growing need for AI infrastructure for the next industrial revolution. NVIDIA will use its expertise as a full stack computing platform to support GAIIP and its portfolio companies on the design and integration of AI factories to propel industry innovation.”