We have come to a point in our technological history where only the truly committed can invest... and now that we have businesses and organizations that dwarf the economic power of any nation, they are beginning to make a very powerful move.
From ArsTechnica: AI’s hungry maw drives massive $100B investment plan by Microsoft and BlackRock
Subtitled: Investment "goes beyond what any single company or government can finance."
From CIO.com: AI to go nuclear? Data center deals say it’s inevitable
Apparently, major players in the strategic enterprise of developing AI have aligned and begun to cooperate towards the goal of getting in on the ground floor of a future digital economy, one dominated by AI 'services.'
... Microsoft, BlackRock, Global Infrastructure Partners (GIP), and MGX announced a massive new AI investment partnership on Tuesday called the Global AI Infrastructure Investment Partnership (GAIIP). The partnership initially aims to raise $30 billion in private equity capital, which could later turn into $100 billion in total investment when including debt financing.
The group will invest in data centers and supporting power infrastructure for AI development. "The capital spending needed for AI infrastructure and the new energy to power it goes beyond what any single company or government can finance," Microsoft President Brad Smith said in a statement.
This will include a new wrinkle in the energy production world...
AWS, Microsoft, and Google are going nuclear to build and operate mega data centers better equipped to meet the increasingly hefty demands of generative AI.
Earlier this year, AWS paid $650 million to purchase Talen Energy’s Cumulus Data Assets, a 960-megawatt nuclear-powered data center on site at Talen’s Susquehanna, Penn., nuclear plant, with additional data centers planned — pending approval by the Nuclear Regulatory Agency.
Microsoft, Google, and Nucor, a steel manufacturer, released a request for information (RFI) about clean energy, and Baltimore-based energy company Constellation responded “to the RFI with our points on advanced nuclear being a fit at existing nuclear sites,” says a spokesperson for Constellation, one of the nation’s largest nuclear power providers.
“The data economy and Constellation’s nuclear energy go together like peanut butter and jelly,” said Joe Dominquez, Constellation’s CEO during a company conference call in May.
I don't know what difficulties will come to the surface in this dream world of harmonious corporate cooperation... but I bet this isn't going to be as easy as 'plug and play.'
Nuclear power for AI... it boggles the mind.
From ArsTechnica: AI’s hungry maw drives massive $100B investment plan by Microsoft and BlackRock
Subtitled: Investment "goes beyond what any single company or government can finance."
From CIO.com: AI to go nuclear? Data center deals say it’s inevitable
Apparently, major players in the strategic enterprise of developing AI have aligned and begun to cooperate towards the goal of getting in on the ground floor of a future digital economy, one dominated by AI 'services.'
... Microsoft, BlackRock, Global Infrastructure Partners (GIP), and MGX announced a massive new AI investment partnership on Tuesday called the Global AI Infrastructure Investment Partnership (GAIIP). The partnership initially aims to raise $30 billion in private equity capital, which could later turn into $100 billion in total investment when including debt financing.
The group will invest in data centers and supporting power infrastructure for AI development. "The capital spending needed for AI infrastructure and the new energy to power it goes beyond what any single company or government can finance," Microsoft President Brad Smith said in a statement.
This will include a new wrinkle in the energy production world...
AWS, Microsoft, and Google are going nuclear to build and operate mega data centers better equipped to meet the increasingly hefty demands of generative AI.
Earlier this year, AWS paid $650 million to purchase Talen Energy’s Cumulus Data Assets, a 960-megawatt nuclear-powered data center on site at Talen’s Susquehanna, Penn., nuclear plant, with additional data centers planned — pending approval by the Nuclear Regulatory Agency.
Microsoft, Google, and Nucor, a steel manufacturer, released a request for information (RFI) about clean energy, and Baltimore-based energy company Constellation responded “to the RFI with our points on advanced nuclear being a fit at existing nuclear sites,” says a spokesperson for Constellation, one of the nation’s largest nuclear power providers.
“The data economy and Constellation’s nuclear energy go together like peanut butter and jelly,” said Joe Dominquez, Constellation’s CEO during a company conference call in May.
I don't know what difficulties will come to the surface in this dream world of harmonious corporate cooperation... but I bet this isn't going to be as easy as 'plug and play.'
Nuclear power for AI... it boggles the mind.
