Investment Giants Form $50-Billion AI and Power Partnership

Global investment firm KKR and private-equity giant Energy Capital Partners on Wednesday announced a $50 billion strategic partnership to invest in data centers and power generation to support the growth of artificial intelligence (AI). Energy Capital Partners, the largest private owner of power generation and renewables in the United States, will collaborate with KKR to speed up the development of data center infrastructure and power generation and transmission infrastructure to back the rapid expansion of AI and cloud computing globally. The…