BlackRock Nears $40B Deal For Aligned Data Centers Amid AI Infrastructure Boom

BlackRock’s Global Infrastructure Partners is in advanced talks to buy Aligned Data Centers in a deal worth up to $40 billion. Mubadala’s MGX is also involved, while Aligned recently secured $12 billion in funding to expand its 78 data centers. The transaction would be among 2025’s largest, underscoring AI-driven infrastructure demand amid bubble concerns.