Nvidia, xAI and BlackRock Secure Largest Data Centre Acquistion Ever

There’s a new record breaking data centre deal. And Nvidia, xAI and BlackRock are behind it.

What’s happening:

• Nvidia (NASDAQ: NVDA), Elon Musk’s xAI, BlackRock and Microsoft (NASDAQ: MSFT) have cut a new deal with Aligned Data Centres to purchase more than 50 data centres for $40B USD
  

Why it matters:‍

• This is the single largest deal ever for purchasing data centre campuses focused on artificial intelligence workloads and high performance computing
  

Going deeper:‍

• The data centres being acquired by Nvidia, xAI, BlackRock and Microsoft are currently operating in North America and South America and have a total planned capacity of 5 gigawatts of power
  
• Abu Dhabi’s state owned investment fund MGX and the Kuwait Investment Authority also participated in funding the new acquisition
  

The fine print:‍

• The existing data centres that are currently operational only have 600 megawatts of total power capacity and the remaining gigawatts of planned power capacity will need to be built out prior to being able to be used for high performance computing

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