BLK collaborates with MSFT in an AI partnership. Does this initiative and the changing operating backdrop make BlackRock ...

BlackRock and Microsoft have partnered to launch a $30 billion AI infrastructure fund to address the growing energy demands of artificial intelligence.

The group aims to assemble $30 billion of initial capital, with a future goal of raising $100 billion, including from debt ...

Blackrock has launched an AI fund that will initially seek $30 billion of capital and eventually plan to raise as much as $100 billion.

We dive into the first interest rate cut since 2020 and explore AI spending by two big names in the asset management and ...

In new launches, Britney Lam, head of long-short equities at the Dubai-based Magellan Capital Holdings, discusses the launch of a $700 million multi-strategy hedge fund set to be one of the largest ...

United Arab Emirates-based artificial intelligence company G42 has teamed up with U.S. chipmaker Nvidia to work on climate ...

G42 and NVIDIA will develop AI solutions aimed at boosting weather forecasting accuracy globally and will set up a climate ...

Shares of Vistra Corp. (VST), another nuclear owner, are up almost 15% in afternoon action Friday. The stock is up for its 10th trading day in a row and has seen gains of 44% over that span. That ...

Three Mile Island was shut down in 2019. Owner Exelon decided to end operations after a financial rescue package did not come ...

The United States and the UAE have a trade and investment partnership that spans more than five decades. In 2023, bilateral trade between the UAE and the U.S. was worth around $31.4 billion, with U.S.

Rayne Beau, a lost cat, managed to travel 800 miles back home after vanishing during a camping trip in Yellowstone National Park. Found exhausted in Roseville, California, he was reunited with his ...