Arts and EntertainmentInfrastructure

BlackRock, Nvidia Consortium Strikes $40 Billion Data Center Deal to Power AI Expansion

A major investment consortium featuring BlackRock and Nvidia has agreed to acquire Aligned Data Centers in a transaction valued at $40 billion. The deal represents one of the largest infrastructure investments targeting the artificial intelligence sector as companies race to secure computing capacity.

Major AI Infrastructure Investment

A consortium including BlackRock, Nvidia, xAI and Microsoft will acquire Aligned Data Centers in a deal worth $40 billion, according to reports from Reuters. The transaction underscores the intensifying competition to expand the costly, supply-constrained infrastructure required to power artificial intelligence technology.