BlackRock Inc.’s Global Infrastructure Partners is in advanced talks to acquire Aligned Data Centers in a deal worth around $40 billion, reflecting investor interest in digital infrastructure amid AI spending growth. Aligned, with 78 facilities in the U.S. and South America, could also see investment from MGX. GIP has also considered buying AES Corp. to benefit from increased energy demand from AI data centers. If finalized, this deal would be one of the top five globally this year. BlackRock’s shares have risen 13% in 2021, with a market value of approximately $189 billion. Aligned recently secured $12 billion in investments, while other companies like Meta Platforms and Oracle have also raised substantial funds for AI infrastructure expansion.

Read more at Quiver Quantitative: BlackRock’s GIP in Talks for $40B Acquisition of Aligned Data Centers