BlackRock, Nvidia-backed AI consortium to buy Aligned Data Centers in $40 billion deal
An investment consortium including BlackRock, Nvidia, xAI, and Microsoft will acquire Aligned Data Centers for $40 billion. The consortium, named the Artificial Intelligence Infrastructure Partnership (AIP), aims to deploy $30 billion in equity capital, potentially reaching $100 billion with debt. This marks AIP's first investment, with the deal expected to close in the first half of 2026. Aligned operates data centers for hyperscalers and enterprises, with a portfolio of 50 campuses and over 5 gigawatts of capacity across the U.S. and Latin America, remaining headquartered in Dallas, Texas.
Oct 15 (Reuters) - An investment consortium that includes BlackRock (BLK.N) , Nvidia (NVDA.O) , xAI and Microsoft (MSFT.O) will acquire Aligned Data Centers in a deal worth $40 billion, the companies said on Wednesday.
The investment consortium, dubbed the Artificial Intelligence Infrastructure Partnership (AIP), has an initial target of deploying $30 billion of equity capital, with the potential of reaching $100 billion, including debt.
This is AIP’s first investment. The transaction is expected to close in the first half of 2026.
Aligned designs, builds and operates data centers for the hyperscalers, neocloud and enterprises.
Its portfolio includes 50 campuses and more than 5 gigawatts of operational and planned capacity, including assets under development, located across the U.S. and Latin America.
Aligned will remain headquartered in Dallas, Texas, and will be led by CEO Andrew Schaap.
