(Bloomberg) -- BlackRock Inc. and Microsoft Corp. are teaming up on one of the largest efforts to date to bankroll the build-out of data warehouses and energy infrastructure behind the boom in artificial intelligence.Most Read from BloombergCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughAOC Proposes $30 Billion Social Housing AuthorityNew York City’s Transit System Plans $65.4 Billion of Upgrades for Grand Central, SubwaysTo Build a Happier City, Design for DensityPipe Fire
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The original was posted on /r/wallstreetbets by /u/JPMorgansStache on 2024-09-17 21:21:30+00:00.

All you need to know is that the strategy has been dubbed “Global AI Infrastructure Investment Partnership” aka…GAII P.

I’ll say that again, BlackRock & Microsoft will be engaging in a GAII P, worth $30 Billion…