BlackRock and Microsoft have announced plans to launch a Global AI Infrastructure investment partnership of $30 billion USD to develop artificial intelligence infrastructure as well as data centers and energy projects. According to reports, MGX, the Abu Dhabi-backed investment firm, and Nvidia will be contributing technical expertise for AI data centers and factories as the…
BlackRock: 3.23 Billion Preqin Acquisition Deal
BlackRock Inc., the multinational investment company, has announced plans to acquire Preqin, a private markets data firm in the United Kingdom, for $3.2 billion USD in cash. This acquisition deal will make private markets investing easier and more accessible while building a better-connected platform for investors and fund managers. It is expected to close by…