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Microsoft, BlackRock form fund to sink up to $100B into AI infrastructure

go.theregister.com Microsoft, BlackRock form fund to back AI infrastructure

Tech is going to need datacenters and power sources, and a lot of 'em

Microsoft, BlackRock form fund to back AI infrastructure
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  • I guess the "prize" of destroying human labor costs is big enough to justify any bet on it, no matter how long, but I just wish it would actually ruin some of these shitty companies; instead it's going to ruin thousands of workers' lives and eventually result in massive government subsidies to bail out their losses.