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BlackRock, Microsoft AI Partnership Raises $12.5 Billion So Far

A Microsoft store in New York.Photographer: Victor J. Blue/BloombergBlackRock Inc. has raised $12.5 billion as part of a partnership with Microsoft Corp. to bankroll data centers and energy infrastructure, advancing its efforts to cash in on the artificial intelligence boom. The fundraise brings BlackRock closer to a $30 billion money-raising goal laid out when it announced the partnership in 2024....

Read more at bloomberg.com

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