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Alternative Assets  + Real Assets  |  June 3, 2025
MGX, BlackRock, GIP, and Microsoft Welcome Kuwait Investment Authority to AI Infra Partnership 
By: Joe Palmisano

MGX, BlackRock, GIP, and Microsoft Welcome Kuwait Investment Authority to AI Infra Partnership 

MGX, BlackRock, Global Infrastructure Partners (GIP), and Microsoft announced that the Kuwait Investment Authority (KIA) has joined the AI Infrastructure Partnership (AIP), formerly the Global AI Infrastructure Investment Partnership (GAIIP), as its first non-founder financial anchor investor.  

Launched in September 2024, AIP aims to mobilize $30 billion in private equity capital, potentially reaching $100 billion with debt financing, to invest in AI data centers and supporting energy infrastructure, primarily in the U.S. and partner countries. 

KIA’s participation enhances AIP’s global reach and underscores its commitment to advancing AI infrastructure. Sheikh Saoud Salem Abdulaziz Al-Sabah, KIA’s managing director, stated, “KIA’s participation in AIP reflects our long-term commitment to investing in transformative global infrastructure that drives innovation and economic progress.”  

Ahmed Yahia Al Idrissi, MGX’s CEO, added, “We are delighted to welcome KIA as a strategic capital partner, marking a significant milestone that reinforces the strength and long-term vision of the AIP Partnership.” 

The partnership leverages BlackRock’s and GIP’s infrastructure expertise, MGX’s AI investment focus, and Microsoft’s technological leadership. Bayo Ogunlesi, Chairman and CEO of GIP (part of BlackRock since October 2024), noted, “We are pleased to welcome KIA as a partner in AIP.” AIP’s open architecture ensures non-exclusive access for diverse partners, with NVIDIA and xAI recently joining as technology collaborators. 

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.