AI models, especially those used for deep learning and large-scale data processing, require substantial computational power, resulting in higher energy consumption.
The computational requirements for AI have dictated that technology companies connect thousands of chips into clusters to achieve the necessary amount of data processing power, leading to an increase in demand for these specialized data centers.
The investment vehicle, known as Global AI Infrastructure The investment partnership aims to help improve AI supply chains and energy sourcing, BlackRock and Microsoft said.
Abu Dhabi-backed investment firm MGX will be a general partner in the fund, while artificial intelligence chip company Nvidia will provide its expertise.
The partnership will mobilize up to $100 billion in total investment potential, including debt financing, the companies said.
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According to the companies, the investments will be concentrated mainly in the United States and the rest in partner countries. The Financial Times was the first to report on the development.
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