​The “Next AI Trade” Plays Out: Microsoft And BlackRock Join Forces On $30 Billion AI Infrastructure Fund – Tyler Durden

The “Next AI Trade” Plays Out: Microsoft And BlackRock Join Forces On $30 Billion AI Infrastructure Fund As we have been writing for the better part of the last year, the next AI trade continues to look like it’s going to be energy. And now, both BlackRock and Microsoft are making it known that they understand this, too.  Yesterday it was reported that the two industry giants are prepping the launch of a $30 billion AI investment fund that’ll see Microsoft build data centers and energy projects to meet the demands of AI, according to the Financial Times. BlackRock’s new infrastructure…  — Continue at ZeroHedge News : Read More