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Core Facts
Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), BlackRock (NYSE: BLK), and xAI have formed a consortium to acquire Aligned Data Centers in a deal valued at $40 billion. This acquisition underscores the strong demand for AI infrastructure as the companies aim to bolster their capabilities in the rapidly expanding AI sector.
The consortium includes Abu Dhabi-based MGX and is led by BlackRock’s Global Infrastructure Partners division. This significant investment in AI infrastructure indicates continued interest and growth potential in the field, despite concerns over high valuation multiples for many AI stocks.
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