Microsoft and BlackRock have mutually agreed to fund $30 billion in AI infrastructure. Moreover, the agreement aims to foster future AI evolution. Simultaneously, it also aims to develop large storage data centers for AI. They are concurrently meeting the rising demand for AI services.
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Nevertheless, large AI data centres require a heavy amount of computational power. Therefore, requiring more apt and optimized energy resources. So, it is pertinent to note that large energy consumption units also require large and specialized data centres. Furthermore, it facilitates a large number of data chips, which entails an influx of large, and diverse data.
So, the primary aim of this partnership is therefore to enhance AI supply chains and energy sources. However, the total amount of funding rises above $100 billion. So, a Dubai-based investment firm, MGX, has also stepped in to facilitate the project.
Considering the supply chain, the epicenter falls in the USA. However, with the expansion of supply chains, other countries will be allocated more resources.
