BlackRock Stock News

A new artificial intelligence (AI) partnership that includes Microsoft and BlackRock aims to mobilize up to $100 billion in total investment potential for data centers and sources of power for those facilities.

The partnership, called the Global AI Infrastructure Investment Partnership, will additionally build out energy infrastructure to create power sources for the facilities, the companies said.

The Global Artificial Intelligence Infrastructure Investment Partnership is initially looking to raise $30 billion for new and existing data centers. The fundraising, which could total $100 billion, will also be used to invest in the energy infrastructure needed to power AI workloads.

BlackRock is set to launch a massive AI-focused investment fund, exceeding $30 billion, in collaboration with Microsoft and the Abu Dhabi-backed investment outfit MGX, the FT reported today.

BlackRock is preparing to launch a more than $30 billion artificial intelligence investment fund with Microsoft to build data centers and energy projects to meet growing demands stemming from AI, the Financial Times reported on Tuesday, citing people briefed about the matter.

BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the September 2024 cash distributions for the iShares ETFs listed on the TSX or Cboe Canada which pay on a monthly or quarterly basis. Unitholders of record of a fund on September 24, 2024 will receive cash distributions payable in respect of that ...

NEW YORK--(BUSINESS WIRE)--BlackRock (NYSE: BLK) and Partners Group (SIX: PGHN) have teamed up to launch a multi-private markets models solution set to transform how retail investors access alternative investments. The solution will provide access to private equity, private credit and real assets in a single portfolio – currently not available to the U.S. wealth market – managed by BlackRock an...

The U.S. Federal Energy Regulatory Commission on Friday approved BlackRock's $12.5 billion deal for Global Infrastructure Partners.