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Bitcoin Miner Stocks Continue Surge, With BlackRock, Nvidia, Microsoft Joining in $40B AI Data Center Bet

The acquisition marks the first move by the Artificial Intelligence Infrastructure Partnership, which plans to deploy up to $100 billion.

A newly formed investment group made up of BlackRock, Nvidia, xAI, Microsoft and others will acquire Aligned Data Centers in a $40 billion deal, the companies said Wednesday. The move adds fuel to a growing land grab for infrastructure to support artificial intelligence development.

The consortium, called the Artificial Intelligence …

 

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