"The AI bubble just keeps getting bigger. A consortium featuring BlackRock, Microsoft, Nvidia, xAI, and MGX is buying Aligned Data Centers in a deal valuing the operator at around $40 billion, in what is reportedly the biggest datacenter acquisition to date. US-based Aligned Data Centers, currently owned by Macquarie Asset Management, is being sold to a consortium led through the AI Infrastructure Partnership (AIP) - a group formed last year by BlackRock, its Global Infrastructure Partners unit, Abu Dhabi's state-backed MGX, and Microsoft, later joined by Nvidia, Elon Musk's xAI, the Kuwait Investment Authority, and Singapore's Temasek."
"According to AIP's own press release on the deal, the Partnership's goal is to "accelerate investment in next-generation AI infrastructure and advance the infrastructure and innovation needed to power the future of AI," and it intends to do so by mobilizing $30 billion in equity from investors, "with the potential to reach $100 billion including debt financing." The deal is AIP's first investment, the company noted."
A consortium led by the AI Infrastructure Partnership, including BlackRock, Microsoft, Nvidia, xAI and state-backed investors, is acquiring Aligned Data Centers for about $40 billion. Aligned's portfolio will include 50 datacenters across North and South America and about 5 GW of capacity once planned facilities are completed. Macquarie grew the business from two sites to 50 in seven years. The consortium plans to mobilize $30 billion in equity and could scale to $100 billion including debt to expand AI infrastructure. The deal marks a major datacenter consolidation amid heavy AI-driven investment and rising leverage.
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