Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $100 billion to develop data centers for artificial intelligence and the energy infrastructure to power them.

What you need to know Microsoft and BlackRock have partnered to raise $30 billion to satisfy their AI needs, including new data centers and sufficient power supply.BlackRock's CEO admits AI efforts are expensive and could require multi-trillions of dollars to finance when building data centers worldwide.

First 30 billion, then 100 billion US dollars in total capital – That's how much money an alliance led by Microsoft wants to invest in AI supercomputers.