Bitcoin Miner Stocks Continue Surge, With BlackRock, Nvidia, Microsoft Joining in $40B AI Data Center Bet

A newly formed investment group made up of BlackRock, Nvidia, xAI, Microsoft and others will acquire Aligned Data Centers in a $40 billion deal, the companies said Wednesday. The move adds fuel to a growing land grab for infrastructure to support artificial intelligence development. The consortium, called the Artificial Intelligence Infrastructure Partnership (AIP), plans to deploy $30 billion in equity capital to begin with, and could invest as much as $100 billion when debt is included. This is the grou ...