Assistive TechnologyBusiness Acquisition

BlackRock-Nvidia Consortium Acquires Aligned Data Centers in $40B AI Infrastructure Deal

A consortium backed by BlackRock, Nvidia, and Abu Dhabi’s MGX has acquired Aligned Data Centers in a massive $40 billion transaction. The deal marks the first major investment for the AI Infrastructure Partnership formed last year and signals continued massive spending on artificial intelligence infrastructure.

Major AI Infrastructure Acquisition

A consortium including BlackRock and Nvidia has acquired Aligned Data Centers from Australian Macquarie Group‘s asset management division in a transaction valued at $40 billion, according to reports emerging Wednesday. Sources indicate this represents the first major deal for the AI Infrastructure Partnership, which was formed last year with backing from Abu Dhabi-based fund MGX and Elon Musk‘s startup xAI.

Assistive TechnologyBusiness AcquisitionInvestment

BlackRock, Nvidia, Microsoft Form $40B AI Infrastructure Partnership for Data Center Expansion

A consortium including BlackRock, Nvidia and Microsoft is acquiring Aligned Data Centers in a massive $40 billion deal. The move represents one of the largest infrastructure investments targeting the artificial intelligence sector’s growing computational needs.

Major AI Infrastructure Investment

A consortium including BlackRock, Nvidia and Microsoft is acquiring Aligned Data Centers in an approximately $40 billion deal, according to reports emerging today. Sources indicate this represents one of the largest infrastructure moves targeting the booming artificial intelligence sector as companies race to secure computational resources.

Business AcquisitionFinance

BlackRock’s $13.5 Trillion Reinvention Shifts Focus to Private Markets

BlackRock’s latest evolution sees private market funds and technology services outpacing traditional fixed-income and ETF revenues. The $13.5 trillion asset manager’s strategic acquisitions are driving this fundamental shift in its business model as institutional capital flows toward higher-fee alternatives.

BlackRock’s $13.5 trillion reinvention is accelerating as private market funds and technology services now generate more revenue than the firm’s traditional fixed-income and ETF businesses. The world’s largest asset manager is undergoing its most significant transformation since riding the passive-investing wave of the 2010s, with CEO Larry Fink describing this shift as the most exciting period in BlackRock’s history.

Private Markets Drive Revenue Transformation

Business AcquisitionFinance

Multi-Strategy ETF Revival Led by Former BlackRock Executives

Two ex-BlackRock executives are driving a multi-strategy ETF resurgence with QALT, aiming to capture demand for alternative returns in ETF format. Despite modest current assets, the segment shows growth potential as major players enter the space. The move represents a significant evolution in the exchange-traded fund landscape.

Former BlackRock executives are leading a bold initiative to revive multi-strategy exchange-traded funds, targeting hedge-fund-like returns through the new QALT ETF. Bob Hum and Michael Lane, now with SEI, are betting that investor demand for sophisticated strategies in accessible ETF packaging will finally gain traction in the $12.5 trillion ETF industry.

Multi-Strategy ETF Market Challenges and Opportunities