BlackRock and Microsoft unite to dominate global AI infrastructure -- Should we be worried?
Microsoft and BlackRock's growing partnership on AI infrastructure may raise a few eyebrows, but should it really spark concern? With the recent announcement of the Global AI Infrastructure Investment Partnership (GAIIP), these corporate titans have aligned with Global Infrastructure Partners (GIP) and MGX to dive headfirst into AI development. They plan to pour billions into massive data centers and new energy infrastructure, with the goal of dominating the future of artificial intelligence.
But this alliance could mean more than just advancements in technology. The partnership initially aims to leverage $30 billion in private equity, with an eye toward unlocking a staggering $100 billion in total investment potential. That’s a massive financial influx designed to consolidate power in the hands of a few major players. And who benefits? Microsoft and BlackRock, alongside their global allies, could soon hold an outsized influence on critical AI infrastructure that the world will come to rely on.