BlackRock closes on 50% mark of $30B Microsoft AI funding deal
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Microsoft Corp. is using its partnership with BlackRock to co-fund and accelerate its AI infrastructure development, reducing the direct burden on its funds. BlackRock has now raised $12.5 billion of its total $30 billion goal for its AI infrastructure partnership with Microsoft. BlackRock is investing in the power grids and energy sources needed to keep modern data centers running. They require so much constant and high-voltage power that industry experts estimate that data centers could consume up to 4% of all global energy by 2029. How is BlackRock supporting Microsoft’s AI plan? BlackRock Inc. has successfully raised $12.5 billion as part of its massive “Global AI Infrastructure Investment Partnership” with Microsoft Corp. The firm is now closer to its $30 billion goal for private equity investment. The company combined Global Infrastructure Partners’ (GIP’s) expertise with Microsoft’s technology to solve the “energy bottleneck” that threatens to slow down AI development. Larry Fink told analysts that mobilizing private money for these projects is the only way to meet the demand, as the costs are too high for any single government or company to handle alone. BlackRock CEO Larry Fink explained to analysts during a fourth-quarter earnings call that the AI partnership continues to attract a lot of money from investors who want to profit from the current tech boom. BlackRock recently reported that its total assets under management have hit $14 trillion for the first time due to record net inflows of nearly $700 billion over the full year of 2025. Fink described the current period as a time of “accelerating momentum.” He also added that clients are increasingly approaching BlackRock to handle complex infrastructure projects that require billions of dollars in upfront cash. Companies are investing in physical AI infrastructure Microsoft recently signed a 20-year deal with Constellation Energy to restart…
Filed under: News - @ January 15, 2026 7:28 pm