An investor group including BlackRock, Microsoft, and Nvidia is purchasing Aligned Data Centers for $40 billion to bolster AI infrastructure. This deal is the first for the AI Infrastructure Partnership, which includes MGX and xAI among its backers. Major tech companies are set to spend $400 billion on AI infrastructure this year.

Meta Platforms is constructing multi-gigawatt AI data centers, while Aligned Data Centers has over 5 gigawatts of operational and planned capacity across the U.S. and Latin America. The acquisition underlines the increasing value of data center assets for investors keen on rapid expansion to meet AI demand.

Founded in 2013, Aligned has raised $12 billion in equity and debt this year and counts Nutanix and Datto among its customers. The investment group acquiring Aligned, with backers like Kuwait Investment Authority and Temasek, aims to deploy $30 billion of equity capital initially, potentially reaching $100 billion with debt. The deal is set to close in the first half of 2026.

Read more at Yahoo Finance: BlackRock, Nvidia-backed group strikes $40 billion AI data center deal