
The formation of the Artificial Intelligence Infrastructure Partnership (AIP) by BlackRock, Nvidia, xAI, and Microsoft aims to secure crucial infrastructure for AI development through a $40 billion deal to acquire Aligned Data Centers.
BlackRock, Nvidia, xAI, and Microsoft have formed the Artificial Intelligence Infrastructure Partnership to acquire Aligned Data Centers for $40 billion. The consortium plans to invest $30 billion in equity and potentially $100 billion with debt to expand Aligned's infrastructure, supporting the increasing demand for AI computing power. The deal includes plans to double Aligned's 50 campuses across the U.S. and Latin America. The acquisition is expected to close in the first half of 2026, marking a significant step in addressing AI’s infrastructure needs. Meanwhile, Bitcoin mining firms that have pivoted to AI infrastructure are seeing strong gains, with companies like Hut 8, Bitfarms, and CleanSpark among the top performers.