Data Center

Group Including Nvidia, BlackRock Buying Aligned Data Centers in $40 Billion Deal

The acquisition comes amid a flurry of recent deals involving top AI developers for electricity and infrastructure needed to support AI data centers.

Associated Press

Oct 15, 2025 — 2 min read

Photo of Blackrock headquarters in New York, NY, on Jan. 13, 2021, by Mark Lennihan/AP

Oct. 15, 2025 (AP) – A group including BlackRock, Nvidia and Microsoft is buying Aligned Data Centers in an approximately $40 billion deal in an effort to expand next-generation cloud and artificial intelligence infrastructure.

The acquisition comes amid a flurry of deals in recent months involving top AI developers that are flooding the booming AI sector with resources and money, and addressing resources – such as electricity and infrastructure – needed to support such technology.

Last week it was revealed that semiconductor maker AMD will supply its chips to artificial intelligence company OpenAI as part of an agreement to team up on building AI infrastructure. OpenAI will also get the option to buy as much as a 10% stake in AMD, according to a joint statement announcing the deal.

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Data Center BlackRock NVIDIA Microsoft Aligned data centers AI AP AMD OpenAI Andrew Schaap Ben Way AIIP Larry Fink

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