Post by Global Infrastructure Partners (GIP)

A year ago, Global Infrastructure Partners (GIP) and BlackRock announced that they were joining forces with Microsoft, MGX, and NVIDIA to launch the Artificial Intelligence Infrastructure Partnership (AIP). Since then, the partnership has expanded to include xAI, Kuwait Investment Authority, and Temasek. Together with our energy partners GE Vernova and NextEra Energy, Inc., and our technology partner Cisco, the partnership aims to mobilize significant private capital into the data centers and energy infrastructure needed to meet growing demand for AI and cloud workloads amid a digital transformation of the global economy. Today, AIP is announcing its first investment. AIP, GIP, and MGX are acquiring 100% of the equity in Aligned Data Centers, which designs, builds and operates cutting-edge data campuses and data centers for hyperscalers, neocloud, and enterprise innovators. Today’s transaction brings together AIP’s ability to form long-term capital at scale with MGX’s global investment focus on AI and advanced technologies and GIP’s expertise as a leading infrastructure investor to fuel expansion of next-generation cloud and AI infrastructure. Read more on our website: https://1blk.co/46TSgII