Nvidia and BlackRock Team Up for $40B Data Center Deal
Nvidia Corp. and BlackRock Inc. are joining forces in a landmark $40 billion acquisition of a major global data center operator. The deal underscores the intensifying race to control AI infrastructure amid soaring demand for cloud computing and machine learning capabilities.
The partnership leverages Nvidia's dominance in AI hardware with BlackRock's financial heft and infrastructure experience. Together, they plan to deploy next-generation data campuses across strategic markets, significantly expanding high-density compute capacity.
This transaction reflects growing institutional recognition of data centers as critical infrastructure for the AI revolution. The MOVE comes as hyperscalers and tech giants scramble to secure capacity for large language models and other compute-intensive applications.