I have a theory that the Antichrist will arise out of Dubai, part of the United Arab Emirates with Abu Dhabi, so anything having to do with the UAE is of particular interest. And I’ve also speculated the image of the beast (Antichrist) made to come alive in the book of Revelation might be an artificial intelligence. And the OCGFC have already had their agents promoting that AI should be reverenced and will be the salvation of mankind, and even writing a new Bible and religion worth following. So you see these major players working together and it’s worth paying attention.
Nvidia to advise the data center and energy investment effort
BlackRock plans to launch a new $30 billion artificial intelligence (AI) investment fund focused on data centers and energy projects.
Microsoft and Abu Dhabi-backed investment company MGX are general partners of the fund. GPU giant Nvidia will also advise.
Run through BlackRock’s Global Infrastructure Partners fund, which it acquired for $12.5bn earlier this year, the ‘Global AI Investment Partnership,’ plans to raise up to $30bn in equity investments. Another $70bn could come via leveraged debt financing.
“Mobilizing private capital to build AI infrastructure like data centers and power will unlock a multi-trillion-dollar long-term investment opportunity,” said Larry Fink, chairman and CEO of BlackRock.
“Data centers are the bedrock of the digital economy, and these investments will help power economic growth, create jobs, and drive AI technology innovation.”
Brad Smith, Microsoft’s president, added: “The capital spending needed for AI infrastructure and the new energy to power it goes beyond what any single company or government can finance.
“This financial partnership will not only help advance technology, but enhance national competitiveness, security, and economic prosperity.”
Earlier this year, Microsoft announced a $10bn, 10GW deal with Brookfield Asset Management to support the energy infrastructure needed for AI.
Of the new investment, Bayo Ogunlesi, CEO of Global Infrastructure Partners, said: “There is a clear need to mobilize significant amounts of private capital to fund investments in essential infrastructure. One manifestation of this is the capital required to support the development of AI.
“We are highly confident that the combined capabilities of our partnership will help accelerate the pace of investments in AI-related infrastructure.”