Finance AI

BlackRock-Led Group to Acquire Aligned Data Centers for $40 Billion

The deal, the largest global data center transaction to date, is the first for the Artificial Intelligence Infrastructure Partnership.

Olivia Sharp 2 min read 732 views
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A consortium including BlackRock, Microsoft, and Nvidia has agreed to acquire Aligned Data Centers in a transaction valued at approximately $40 billion, marking the largest data center deal ever.

A Landmark Infrastructure Deal

A consortium including BlackRock's Global Infrastructure Partners and the Artificial Intelligence Infrastructure Partnership (AIP) agreed to acquire Aligned Data Centers. The deal carries an enterprise value of approximately $40 billion, making it the largest global data center transaction on record. The acquisition highlights the massive capital flowing into the foundational infrastructure required to power the artificial intelligence boom.

The acquiring group also includes Abu Dhabi's state-backed investment firm MGX. The transaction is the first investment for AIP, a consortium formed in September 2024 by BlackRock, MGX, Microsoft, and Nvidia to accelerate investment in AI infrastructure.

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