BlackRock will launch an artificial-intelligence fund with software giant Microsoft worth around $30 billion to build data centers and energy projects.The AI partnership will likely feed the growing hunger for computing capacity,

Jensen Huang recently said that AI was more of an infrastructure than a group of chips. Now, Microsoft (MSFT) and BlackRock are partnering to fund AI infrastructure in the U.S. On Sept. 17 the software stalwart and the asset-management titan said they'd join the Global Artificial Intelligence Infrastructure Investment Partnership,

BlackRock and Microsoft plan to launch a more than $30 billion fund to invest in artificial intelligence infrastructure to build data centers and energy projects, the companies said on Tuesday.