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Microsoft and BlackRock plan $30 billion fund to invest in AI infrastructure, FT reports

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(Reuters) – BlackRock is preparing to launch a more than $30 billion artificial intelligence investment fund with Microsoft to build data centers and energy projects to meet growing demands stemming from AI, the Financial Times reported on Tuesday, citing people briefed about the matter.

(Reporting by Harshita Mary Varghese in Bengaluru; Editing by Shounak Dasgupta)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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