BlackRock, Nvidia-backed group strikes $40 billion data center deal to fuel AI boom
Yahoo Financeยท2025-10-15 11:38(Reuters) -An investment consortium that includes BlackRock, Nvidia, xAI and Microsoft will acquire Aligned Data Centers in a deal worth $40 billion, the companies said on Wednesday. The deal underscores an intensifying race to expand the costly, supply-constrained infrastructure required to power artificial intelligence technology, as companies rush to build the most sophisticated AI models. The acquisition follows a slew of mega-deals focused on securing coveted compute capacity. ChatGPT creator OpenAI ...