BlackRock’s GIP Nears $40 Billion Aligned Data Centers Deal (2)

BlackRock Inc.’s Global Infrastructure Partners is in advanced talks to acquire Aligned Data Centers, targeting a major beneficiary of AI spending in one of the year’s biggest deals, according to people familiar with the matter.

Aligned, which is backed by Macquarie, could be valued at about $40 billion in a transaction, one of the people said. An agreement could be announced within days, the people added, asking not to be identified because the information is private.

MGX, an AI investment company established by sovereign wealth fund Mubadala Investment Co., is also involved in the talks and ...