BlackRock has announced that its artificial intelligence investment consortium has raised US$ 12.5 billion for developing artificial intelligence infrastructure. The announcement was made during its fourth-quarter 2025 earnings call. Readers would recall that this consortium was established in September 2024, and comprises Microsoft, BlackRock, Global Infrastructure Partners (GIP), and MGX.
The initiative, called the Global AI Infrastructure Investment Partnership (AIP), was designed to support the AI boom by funding large-scale data centers and related energy infrastructure. It aims to raise US$ 30 billion in private equity and mobilize up to US$ 100 billion in total investment, including debt financing for data center and energy infrastructure projects.
In its Q4 2025 earnings release, BlackRock revealed that the company had generated US$ 14 trillion in Assets Under Management (AUM) following a record US$ 698 billion of full year net inflows, including US$ 342 billion in the fourth quarter. This includes a 12 percent annualized organic base fee growth in the fourth quarter reflects broad based strength across iShares® ETFs, systematic active equities, private markets, outsourcing and cash 19 percent increase in full year revenue reflects the positive impact of markets, fees related to the GIP and HPS Transactions, and higher technology services and subscription revenue
Laurence D. Fink, Chairman and CEO, BlackRock, said “BlackRock enters 2026 with accelerating momentum across our entire platform, coming off the strongest year and quarter of net inflows in our history.” He added, “2026 will be our first full year as a unified platform with GIP, HPS and Preqin. Around the world, clients are looking to do more across BlackRock. We’re seeing excellent fundraising activity as we work towards our goal of US$ 400 billion in private markets fundraising by 2030.”
In October 2025, AIP made a US$ 40 billion acquisition of Aligned Data Centers from Macquarie Asset Management, marking the largest data center deal in history. The partnership’s broader goal is to combine private equity with debt financing to support both AI and wider infrastructure projects across multiple sectors.
Separately, in November 2025, BlackRock’s GIP unit partnered with ACS to create a €2 billion (US$ 2.33 billion) joint venture to build and manage data centers. The JV will oversee ACS’s digital infrastructure pipeline, covering the US, Europe, Asia, and Australia, with a projected capacity of 1.7 GW.