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News 2026-09-24 12:21 UTC

BlackRock Just Made a $25 Billion Bet on Asia's AI Data Centers

BlackRock (BLK, Financials), is getting closer to a potentially massive data-center deal as a consortium backed by the asset manager and IFM Investors enters exclusive talks to acquire Stack Infrastructure's Asia-Pacific portfolio for up to $25 billion, Bloomberg News reported.The group includes Bl…