BlackRock, Nvidia-backed group strikes $40 billion AI data center deal

(Reuters) -An investor group, including BlackRock and Nvidia, will buy Aligned Data Centers from Macquarie Asset Management in a deal worth $40 billion, the companies said on Wednesday, as AI infrastructure expansion powers on. The deal underscores an intensifying race to expand the costly, supply-constrained infrastructure required to develop artificial intelligence technology, as companies rush to build sophisticated AI models. The acquisition follows a slew of mega-deals focused on securing coveted co ...