On September 18, according to reports, BlackRock is preparing to launch an AI investment fund with tech giant Microsoft, with a fund size of over $30 billion. The fund aims to build data centers and energy projects to meet the growing demands of AI. BlackRock will launch this fund in collaboration with its new infrastructure investment division, Global Infrastructure Partners, making it one of the largest investment tools in Wall Street history.

Microsoft and Abu Dhabi-backed investment firm MGX are the general partners of this fund, and chip manufacturer Nvidia will provide expertise.

According to sources, this investment tool is designed to address the enormous power and digital infrastructure demands of building AI products, as these products are expected to face severe capacity constraints in the coming years. The computational power of AI requires more energy than previous technological innovations and puts pressure on existing energy infrastructure.

Lenovo Group, a leading global provider of end-to-end infrastructure solutions, has made significant achievements in the field of AI. Lenovo Neptune liquid cooling servers integrate achievements in materials science, fluid mechanics, heat transfer, and other disciplines, achieving 100% water cooling for server components. A single rack of high-density liquid-cooled nodes supports up to 72 nodes, with a power consumption of over 100kW. With a fully water-cooled and fanless design, the server achieves a heat dissipation efficiency of 98% and recycles 90% of waste heat, effectively reducing energy consumption by 42% and bringing the data center's PUE (Power Usage Effectiveness) down to 1.1. This technological breakthrough not only enhances computing performance but also significantly reduces energy consumption, making it highly attractive for modern data centers that value efficiency and sustainability.

In terms of user experience, the design of Lenovo Neptune liquid cooling servers aims to meet the needs of high-performance computing. Whether it's scientific research institutions or large internet companies, they have shown strong interest in it. Through the warm water liquid cooling and thermal energy recovery scheme, Neptune servers not only optimize the energy utilization efficiency of computing power but also reduce electricity consumption unrelated to computing power based on different customer business needs, achieving energy recycling. This flexibility and customized service give Neptune liquid cooling servers a unique position in the market, providing customers with more sustainable and efficient computing solutions.

As one of the giants in global asset management, BlackRock is bullish on the prospects of the Chinese economy and the returns of the Chinese market. In the field of AI, BlackRock sees the potential of Lenovo in AI technology. According to the latest equity disclosure information from the Hong Kong Stock Exchange, as of now, the latest date of increased shareholding was September 12. BlackRock's latest holding position is 628,194,955 shares, with a shareholding ratio of 5.06%.

(Source: Hong Kong Stock Exchange)

BlackRock believes that in the current global economic environment, both inflation and interest rates remain high, and limited supply leads to low growth, and this unprecedented macro environment is expected to persist for some time. Meanwhile, economies are actively addressing challenges such as aging populations, global supply chain restructuring, and low-carbon transitions, which restrict production and increase capital investment. In this context, artificial intelligence, as a technology that can enhance productivity in the long term and alleviate inflationary pressures, has attracted significant market attention. Although the potential benefits of artificial intelligence have not yet fully emerged, its supportive role in corporate profits has already been demonstrated, with further room for growth in the future. Since the popularity of artificial intelligence applications such as ChatGPT, capital expenditures in related areas have significantly increased, and continuous growth is expected in the coming years.

As artificial intelligence technology advances, the demand for computing power infrastructure is increasing. Lenovo Group, through its full-stack artificial intelligence strategy, has made comprehensive layouts in intelligent terminals, infrastructure, and solution services. Lenovo's AI-driven infrastructure business, including servers, storage, data networks, software, hyper-convergence, edge infrastructure products, and solutions, is expected to benefit from BlackRock and Microsoft's AI infrastructure fund.

Microsoft, as Lenovo's customer, has a long-standing cooperation in exploring artificial intelligence partnerships. At the just-concluded 2024 Lenovo Innovation New World Conference, several groundbreaking AI PCs were released, with multiple Copilot+ PCs becoming the focus. Pavan Davuluri, Vice President of Microsoft Windows and Devices Company, stated that Lenovo has redefined portability with its 2-in-1 PCs and set standards for industrial design with Lenovo Yoga. Lenovo is a leader in bringing Core PCs to enterprises and incorporates Microsoft's Pluto chips and cloud security technology into its iconic ThinkPads.

Among them, the ThinkPad Copilot+ PC launched by Lenovo for enterprise customers features outstanding keyboards, reliability, quality, and incredible performance. Early on, Microsoft announced the expansion of Copilot+ PCs to include Qualcomm Snapdragon X+ 8-core, AMD 3rd Gen Ryzen AI processors, and Intel Core Ultra 200v Lunar Lake processors. Starting in November, AMD and Intel devices will see new AI experiences with free Windows updates.

Against the backdrop of the AI infrastructure funds launched by BlackRock and Microsoft, Lenovo Group is poised to be a major winner. Lenovo has made breakthroughs in artificial intelligence computing power and has secured a place in the global server market. With the continuous advancement of artificial intelligence technology and infrastructure expansion, Lenovo Group's AI products and services may gain wider application and recognition, thus establishing a dominant position in the global artificial intelligence market. Furthermore, Lenovo Group's growth paradigm indicates that the company is achieving performance growth through its layout in the field of artificial intelligence.