Gold Finance reported that sources say BlackRock is preparing to launch a $30 billion artificial intelligence investment fund with tech giant Microsoft, aimed at building data centers and energy projects to meet the growing demands of AI. BlackRock will launch the fund with its new infrastructure investment division, Global Infrastructure Partners, making it one of the largest investment vehicles on Wall Street. Microsoft and Abu Dhabi-backed investment firm MGX are general partners in the fund. Sources also said that chipmaker Nvidia will provide expertise. The investment vehicle aims to address the enormous power and digital infrastructure needs of building AI products, which are expected to face severe capacity bottlenecks in the coming years. AI's computational power requires more energy than previous technological innovations, straining existing energy infrastructure.