Group Acquires Aligned Data Centers in $40 Billion Deal
A group including BlackRock, Nvidia, and Microsoft is buying Aligned Data Centers in a deal worth approximately $40 billion.
The acquisition aims to expand next-generation cloud and artificial intelligence infrastructure, amid a surge of deals in the booming AI sector.
- Semiconductor maker AMD will supply its chips to artificial intelligence company OpenAI as part of an agreement to build AI infrastructure.
- OpenAI will have the option to buy up to a 10% stake in AMD, according to a joint statement.
- OpenAI and Nvidia announced a $100 billion partnership to add at least 10 gigawatts of data center computing power last month.
The deal highlights the significant investment in AI infrastructure, addressing resources such as electricity and infrastructure needed to support the technology.
Author's summary: Group buys Aligned Data Centers for $40 billion.