BlackRock Teams with Microsoft to Advance AI Infrastructure

BlackRock has joined forces with Microsoft to launch what will initially be a $30 billion investment fund to finance AI infrastructure — concentrating primarily on building data centers and developing energy projects. The amount could quickly scale to about $100 billion. Abu Dhabi-based tech investment firm MGX is also participating, as is Global Infrastructure Partners (GIP), which owns, operates and invests across energy, transport, digital and waste management. BlackRock announced it is in the process of acquiring GIP, and says a deal expected to close next month. The new fund is called Global AI Infrastructure Investment Partnership (GAIIP). Continue reading BlackRock Teams with Microsoft to Advance AI Infrastructure

Adblock Plus Reaches One Billion Downloads, Spars with IAB

Adblock Plus, from German firm Eyeo, is now on 100 million active devices and close to a billion downloads, says Eyeo co-founder/chief executive Till Faida. That’s significant growth from the beginning of the year, when the company reported 500 million downloads and 50 million active users. Adblock Plus also launched its “Acceptable Ads” program targeting larger websites; by whitelisting ads, Adblock Plus receives 30 percent of the additional revenue. Faida reports that 40 out of the top 100 U.S. websites are participating. Continue reading Adblock Plus Reaches One Billion Downloads, Spars with IAB