BlackRock, Microsoft, and UAE’s MGX are launching a USD30 billion AI infrastructure fund, aiming to raise up to USD100 billion with debt financing. This "Global AI Infrastructure Investment Partnership" will focus on building data centers and energy infrastructure, primarily in the U.S., as AI’s rising demand drives massive energy and resource needs. The fund will pool investments from pension funds and insurance companies, offering long-term returns while enabling tech giants like Microsoft to invest capital elsewhere. It marks a significant push to meet the growing infrastructure demands of AI expansion.