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BLACKROCK MGX INVESTMENT
BlackRock-backed group commits $5 billion for Aligned Data CentersIn a significant development, a group backed by the investment giant BlackRock has pledged a massive $5 billion to Aligned Data Centers. Th...- Abu Dhabi's MGX weighs multi-billion deal for data centre operator DayOneAbu Dhabi's AI investor, MGX, is reportedly exploring the acquisition of Singapore-based data centre operator DayOne, signaling a significa...
- TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...
- Global Stocks: Gulf sovereign wealth funds were built for a rainy day. This may be itFor decades, the Gulf's sovereign wealth funds have preserved and amplified the riches from oil and gas, investing in overseas assets and i...
- Anthropic raises $30 billion at $380 billion valuation, hits $14 billion run rateAI company Anthropic announced on xxxday that it has raised $30 billion in Series G funding, valuing the company at $380 billion post-money...
- Who owns TikTok in the US now?Under the arrangement, non-Chinese investors will own about 80% of the American venture. ByteDance will keep 19.9% of it. The investors, wh...
- In Trump’s transactional world, Japan—not the Gulf—may be India’s smartest capital partnerMiddle Eastern utility Masdar's failed ReNew Power deal was followed by significant Japanese investments in India's financial sector. Japan...
- Masdar pulls the plug on going private with ReNewMasdar has withdrawn its nearly $1 billion offer to take ReNew Energy Global private, causing a significant drop in the company's stock pri...
- BlackRock, Nvidia-backed group strikes $40 billion data center deal to fuel AI boomThe deal underscores an intensifying race to expand the costly, supply-constrained infrastructure required to power artificial intelligence...
- ADQ-Sheikh Tahnoon vehicle eyes $200 mn stake in Aadhar Housing FinanceAn investment vehicle backed by Abu Dhabi's ADQ, linked to Sheikh Tahnoon bin Zayed al-Nahyan, is in advanced talks to acquire a 10-12% sta...
- Temasek joins Microsoft, BlackRock and MGX to develop AI infrastructureTemasek has joined the AI Infrastructure Partnership, a $100 billion initiative backed by Microsoft, BlackRock, MGX, and others to fund AI ...
- Elon Musk's xAI joins TWG Global, Palantir for AI push in financial sectorThe collaboration will integrate xAI's models, which include its Grok family of large language models and its Colossus supercomputer, into ...
- Is Elon Musk eyeing number one status in AI race? Check Tesla boss' latest big artificial intelligence moveElon Musk's AI firm xAI has been taking big steps as the competition in the artificial intelligence sector toughens.
- Crypto industry descends on Dubai as Trump euphoria recedesCrypto enthusiasts gathered in Dubai for TOKEN2049, amidst mixed sentiments regarding Donald Trump's impact on the industry. Despite a stro...
- Musk’s xAI joins Microsoft-BlackRock $30 billion AI fundMicrosoft, the biggest backer of Sam Altman’s OpenAI, and BlackRock Inc., which has an executive on the artificial intelligence startup’s b...
- Warren Buffett has secretly invested in these 3 AI stocks; which are the three stocks? Here are detailsBerkshire Hathaway CEO Warren Buffett has secretly invested in these three artificial intelligence stocks via New England Asset Management ...
- Alphabet to invest $3.3 billion for two data centers in South CarolinaThe new Dorchester County facilities, located in the Pine Hill Business Campus in Ridgeville and Winding Woods Commerce Park in St. George,...
- Bits & Bytes: Meta beats lawsuit over Apple privacyIn a decision, US District Judge Yvonne Gonzalez Rogers also rejected claims that Meta concealed former COO Sheryl Sandberg’s use of compan...
- UAE's AI firm G42 and Nvidia to team up on climate techThe UAE, led by government-backed G42, is investing heavily in AI to help diversify its economy away from oil and UAE-based companies have ...
- Microsoft, BlackRock to launch $30 billion fund for AI infrastructureBlackRock and Microsoft are set to launch a $30 billion fund to invest in AI infrastructure, including data centers and energy projects. Th...
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