Nvidia, Microsoft, BlackRock, xAI Back $40B Aligned Data Center Deal To Accelerate Global AI Infrastructure Growth

Benzinga

Nvidia, Microsoft, BlackRock, and xAI will acquire Aligned Data Centers for $40B in the largest-ever data center deal. The consortium aims to expand global AI infrastructure, with the transaction closing next year.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02NVIDIA, Microsoft, BlackRock, and Elon Musk's XAI

00:05join a consortium to acquire Align data centers

00:07for $40 billion, according to CNBC.

00:10Owned by Macquarie Asset Management,

00:12Align operates 50 data center campuses

00:14across North and South America

00:16with more than 5 gigawatts of capacity.

00:18MGX, BlackRock's global infrastructure partners,

00:21and members of the Artificial Intelligence

00:23Infrastructure Partnership

00:24will acquire all the Align's equity

00:26in the world's largest data center deal.

00:28Kuwait Investment Authority, Tevesac, and XAI

00:31have since joined.

00:33The CEO is AIP's first investment

00:34toward deploying $30 billion in equity capital.

00:38BlackRock CEO Larry Fink said the move advances efforts

00:40to build the infrastructure needed to power AI growth.

00:44Transactions are expected to close late next year,

00:46pending regulatory approvals.

00:48For all things money, visit Benzinga.com.

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