AI news
1. BlackRock and Microsoft's GAIIF Reaches $100B Milestone for AI Power Hubs
Date: July 21, 2026
The Global AI Infrastructure Investment Fund (GAIIF), led by BlackRock and Microsoft, has officially reached its $100 billion capital deployment milestone. The fund has finalized investments in six "AI Power Hubs" across North America and Europe, which integrate Small Modular Reactors (SMRs) directly with hyperscale data centers. This infrastructure is designed to provide the dedicated, carbon--neutral baseload power required for the next generation of "Reasoning--Native" AI clusters. This milestone marks a transition from speculative investment to the physical realization of the energy--intensive infrastructure needed to sustain the global AI expansion.
| Metric | Detail |
|---|---|
| Total Capital Deployed | $100 Billion |
| Primary Technology | SMR--Integrated Data Centers |
| Focus Regions | North America, Europe, G7 Partners |
Source: BlackRock Newsroom