BlackRock, Global Infrastructure Partners, Microsoft, And MGX Unveil New AI Partnership; Partnership To Initially Seek To Unlock $30B Of Private Equity Capital Over Time
Portfolio Pulse from Benzinga Newsdesk
BlackRock, Global Infrastructure Partners, Microsoft, and MGX have announced a new AI partnership aimed at unlocking $30 billion of private equity capital over time.
September 17, 2024 | 8:26 pm
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POSITIVE IMPACT
BlackRock is part of a new AI partnership with Global Infrastructure Partners, Microsoft, and MGX, aiming to unlock $30 billion in private equity capital.
The partnership could enhance BlackRock's investment capabilities and attract more capital, potentially boosting its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Microsoft is collaborating in a new AI partnership with BlackRock, Global Infrastructure Partners, and MGX to unlock $30 billion in private equity capital.
Microsoft's involvement in the partnership highlights its commitment to AI and could enhance its market position, positively impacting its stock.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70