Nvidia, Microsoft, BlackRock, and xAI to Acquire Aligned Data Centers for $40 Billion

Oct 21, 2025
A consortium including Nvidia, Microsoft, BlackRock, and xAI will acquire Aligned Data Centers from Macquarie Asset Management for $40 billion. The deal marks the first major investment by the AI Infrastructure Partnership and is expected to close in 2026, pending regulatory approval.

A consortium of investors including NVIDIA, Microsoft Corporation, BlackRock, and xAI has agreed to acquire Aligned Data Centers from Macquarie Asset Management in a transaction valued at $40 billion. The purchase represents one of the largest data center acquisitions to date.

The group is acting through the Artificial Intelligence Infrastructure Partnership (AIP), which was established in 2024 by BlackRock, MGX, Microsoft, and Nvidia to accelerate global investment in AI infrastructure. The Kuwait Investment Authority, xAI, and Temasek have joined the partnership as additional participants.

Aligned operates a network of approximately 80 data centers across North and South America, with more than 5 gigawatts of operational and planned capacity. The company will maintain its headquarters in Dallas, Texas, and continue under the leadership of CEO Andrew Schaap.

The acquisition is AIP’s first major investment and aligns with its plan to deploy $30 billion in equity capital for AI-related infrastructure. The deal is expected to close in the first half of 2026, subject to regulatory approvals and customary closing conditions.

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