BlackRock and Microsoft have teamed up with Abu Dhabi's MGX and Nvidia to form a $30 billion investment fund focused on building artificial intelligence (AI) data centers. These data centers will cope with the growing computing demands and energy pressure of AI technology and raise equity investment and US$70 billion in debt financing through BlackRock Global Infrastructure Partners (GIP). This action comes at a time when the demand for infrastructure and energy in the AI field is surging, especially models such as ChatGPT that require a lot of computing power.
Interestingly, some Bitcoin miners may benefit from this. Bitcoin miners have long had extensive experience in energy management and therefore can play an important role in the construction of AI data centers. Companies such as Bitcoin mining companies Core Scientific and Hut 8 have begun to enter the AI data center market through cooperation with Nvidia and others. Bitcoin miners can increase profitability by shifting some of their energy resources toward AI tasks, and this transformation is expected to bring them significant additional profits by 2027.
Bitcoin (BTC): The Bitcoin ecosystem may benefit from these new profit models as miners’ energy management experience enables them to enter the AI infrastructure space.
Ethereum (ETH): As the foundation for smart contracts and decentralized applications, Ethereum may benefit from application scenarios that combine AI technology with blockchain.
Nvidia-related tokens: Tokens related to graphics processing and computing, such as Render Token (RNDR), may gain more attention.