NEW YORK, REDMOND, WA, AND ABU DHABI — In a major move to drive AI innovation and support economic growth, BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX have announced the formation of the Global AI Infrastructure Investment Partnership (GAIIP). This partnership aims to make significant investments in the development and expansion of data centers, as well as energy infrastructure, to meet the rapidly growing demand for computing power needed to fuel the future of AI.
With an initial goal of unlocking $30 billion in private equity capital, GAIIP expects to mobilize up to $100 billion in total investment potential, supported by debt financing. These infrastructure investments will primarily take place in the United States, fostering AI innovation domestically while strengthening the nation’s competitive position on the global stage. Some investments will also be directed to U.S. partner countries to support their technological growth.
The GAIIP will function as an open, non-exclusive ecosystem, allowing a diverse range of partners and companies to participate. NVIDIA has committed to supporting the initiative by offering its expertise in AI data centers and factories, further enhancing the AI ecosystem. Additionally, the partnership will work closely with industry leaders to strengthen AI supply chains and energy sourcing to meet future demands.
Key leaders from the participating companies expressed their support for this forward-thinking initiative:
“Artificial intelligence is not just an industry of the future, it underpins the future. This partnership will drive innovation and technological breakthroughs, securing a prosperous and equitable future for all,” said His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of MGX.
Larry Fink, Chairman and CEO of BlackRock, added: “Mobilizing private capital to build AI infrastructure will unlock a multi-trillion-dollar investment opportunity, create jobs, and drive AI technology innovation.”
Satya Nadella, Chairman and CEO of Microsoft, emphasized the transformative potential of the partnership, stating: “The Global AI Infrastructure Investment Partnership will bring together financial and industry leaders to build the infrastructure of the future, driving growth across every sector of the economy in a sustainable way.”
MGX, established in Abu Dhabi earlier this year to invest in AI and advanced technologies, will play a key role in this initiative by focusing on AI infrastructure, AI-enabled technology, and semiconductors. The emirate’s strong track record in data centers and enabling infrastructure further strengthens the partnership’s ability to deliver.
As industries increasingly recognize the structural need for private capital to finance critical infrastructure, BlackRock and GIP’s combined expertise in corporate relationships and large-scale infrastructure investment will enable GAIIP to advance AI infrastructure, while generating long-term benefits for their clients and driving economic growth.
