<p><strong>英偉達</strong>(NVDA 1.04%)、<strong>微軟</strong>(MSFT -0.43%)、<strong>黑石</strong>(BLK -2.28%) 和 xAI 在週三再次表示對人工智能（AI）基礎設施行業的強勁支持。這四家公司已組成一個財團，將以 400 億美元的交易收購 Aligned Data Centers。</p>
<p>英偉達和微軟是人工智能基礎設施合作伙伴關係（AIP）財團的成員，該財團已開始收購 Aligned。黑石幫助組織了該財團，其全球基礎設施合作伙伴部門是此次收購的獨立參與者。總部位於阿布扎比的 MGX 也是此次收購的參與者。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzgwNDIvZ2V0dHlpbWFnZXMtMTQ3MzA4NjgzNi1jb3B5LmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzgwNDIvZ2V0dHlpbWFnZXMtMTQ3MzA4NjgzNi1jb3B5LmpwZyZ3PTcwMA"/></p>
<p>圖片來源：Getty Images。</p>
<h2>對投資者來説，最新的人工智能基礎設施重大投資意味着什麼？</h2>
<p>以 400 億美元收購 Aligned Data Centers 的交易表明，人工智能基礎設施的投資在短期內將保持強勁。儘管在近年來大幅上漲後，對人工智能領域公司估值提出了一些合理的擔憂，但領先的科技公司和政府仍有很大可能繼續在數據中心基礎設施上進行大量投資，以支持人工智能和其他關鍵技術領域的進步。</p>
<p>週四的股市最初因對人工智能的樂觀情緒而出現上漲，但早期的積極勢頭被抹去，市場整體出現大幅拋售。地區銀行的結構性金融問題以及與中國的貿易動態持續不確定性引發了當天的估值回調。</p>
<p>儘管宏觀經濟趨勢可能繼續造成波動，導致許多依賴增長的科技公司出現下行波動，但人工智能市場的頂尖玩家仍然為長期投資者提供了一些最佳的增長機會。</p>
<p>人工智能革命為許多科技公司帶來了巨大的收益，而英偉達和微軟則是這一趨勢中最大的受益者之一。英偉達提供了關鍵的圖形處理單元（GPU）硬件，使得 AI 應用的訓練和運行成為可能。同時，微軟也在大力押注人工智能的崛起，並且是英偉達最大的客户之一。這家軟件巨頭還從其 Azure 雲基礎設施服務和其他多個業務領域的人工智能集成中受益。</p>
<p>即使在最近的市場波動中，暴露於人工智能趨勢的高知名度公司的估值仍然高度依賴於增長。考慮到當前存在的多種宏觀經濟和地緣政治風險因素，以及人工智能市場增長可能出現意外波動的可能性，投資者在選擇支持的人工智能項目時應保持選擇性。在這一領域，英偉達和微軟繼續被視為強有力的投資候選者，因為人工智能基礎設施支出仍然很高。</p>

英偉達

微軟

<p>英偉達、微軟、黑巖集團和 xAI 已組成財團，以 400 億美元收購 Aligned Data Centers，這表明對人工智能基礎設施的強勁投資。儘管對估值和市場波動的擔憂依然存在，領先的科技公司預計將繼續在人工智能領域進行大量投資。英偉達和微軟因其在人工智能硬件和軟件中的重要角色而被視為頂級投資候選者。投資者在宏觀經濟不確定性中被建議在人工智能投資中保持選擇性，但人工智能的長期增長潛力依然令人期待</p>

<p><strong>Nvidia</strong>(NVDA 1.04%), <strong>Microsoft</strong>(MSFT -0.43%), <strong>BlackRock</strong>(BLK -2.28%), and xAI signaled another strong round of support for growth in the artificial intelligence (AI) infrastructure industry on Wednesday. The four companies have entered into a consortium that will be purchasing Aligned Data Centers in a $40 billion deal.</p>
<div class="lb-trans"><p><strong>英偉達</strong>(NVDA 1.04%)、<strong>微軟</strong>(MSFT -0.43%)、<strong>黑石</strong>(BLK -2.28%) 和 xAI 在週三再次表示對人工智能（AI）基礎設施行業的強勁支持。這四家公司已組成一個財團，將以 400 億美元的交易收購 Aligned Data Centers。</p>
</div><p>Nvidia and Microsoft are members of the Artificial Intelligence Infrastructure Partnership (AIP) consortium that has moved to purchase Aligned. BlackRock helped organize the consortium, and its Global Infrastructure Partners division is a separate participant in the purchase. Abu Dhabi-based MGX is also a player in the acquisition.</p>
<div class="lb-trans"><p>英偉達和微軟是人工智能基礎設施合作伙伴關係（AIP）財團的成員，該財團已開始收購 Aligned。黑石幫助組織了該財團，其全球基礎設施合作伙伴部門是此次收購的獨立參與者。總部位於阿布扎比的 MGX 也是此次收購的參與者。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzgwNDIvZ2V0dHlpbWFnZXMtMTQ3MzA4NjgzNi1jb3B5LmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F838042%2Fgettyimages-1473086836-copy.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><h2>What does the latest big bet on AI infrastructure mean for investors?</h2>
<div class="lb-trans"><h2>對投資者來説，最新的人工智能基礎設施重大投資意味着什麼？</h2>
</div><p>The $40 billion deal to buy Aligned Data Centers signals that investment in artificial intelligence infrastructure is poised to remain strong in the near term. While some reasonable concerns have been raised about valuations for companies in the AI space on the heels of big gains in recent years, there's a good chance that leading tech companies and governments will continue to make heavy investments in data center infrastructure to support advancements in artificial intelligence and other crucial technology categories.</p>
<div class="lb-trans"><p>以 400 億美元收購 Aligned Data Centers 的交易表明，人工智能基礎設施的投資在短期內將保持強勁。儘管在近年來大幅上漲後，對人工智能領域公司估值提出了一些合理的擔憂，但領先的科技公司和政府仍有很大可能繼續在數據中心基礎設施上進行大量投資，以支持人工智能和其他關鍵技術領域的進步。</p>
</div><p>The stock market initially saw gains in Thursday's trading that was partially connected to AI optimism, but early positive momentum was erased and gave way to big sell-offs for the broader market. Concerns about structural financial problems posed by weaknesses in regional banks and ongoing uncertainty regarding trade dynamics with China factored into the day's valuation pullbacks.</p>
<div class="lb-trans"><p>週四的股市最初因對人工智能的樂觀情緒而出現上漲，但早期的積極勢頭被抹去，市場整體出現大幅拋售。地區銀行的結構性金融問題以及與中國的貿易動態持續不確定性引發了當天的估值回調。</p>
</div><p>While macroeconomic trends could continue to create volatility that leads to downward swings for many growth-dependent players in the tech sector, top players in the AI market continue to present some of the best opportunities for growth-oriented investors over the long term.</p>
<div class="lb-trans"><p>儘管宏觀經濟趨勢可能繼續造成波動，導致許多依賴增長的科技公司出現下行波動，但人工智能市場的頂尖玩家仍然為長期投資者提供了一些最佳的增長機會。</p>
</div><p>The AI revolution has powered big gains for many tech companies, and Nvidia and Microsoft stand among the trend's biggest beneficiaries. Nvidia provides the key graphics processing unit (GPU) hardware that enables the training and running of AI applications. Meanwhile, Microsoft is also betting big on the rise of AI and stands as one of Nvidia's largest customers. The software giant is also benefiting from the growth of AI software across its Azure cloud infrastructure service and artificial intelligence integration across many other areas of its business.</p>
<div class="lb-trans"><p>人工智能革命為許多科技公司帶來了巨大的收益，而英偉達和微軟則是這一趨勢中最大的受益者之一。英偉達提供了關鍵的圖形處理單元（GPU）硬件，使得 AI 應用的訓練和運行成為可能。同時，微軟也在大力押注人工智能的崛起，並且是英偉達最大的客户之一。這家軟件巨頭還從其 Azure 雲基礎設施服務和其他多個業務領域的人工智能集成中受益。</p>
</div><p>Even amid recent market volatility, valuations for high-profile companies with exposure to AI trends remain highly growth-dependent. Given the range of macroeconomic and geopolitical risk factors on the table right now and the likelihood that growth for the AI market will see unexpected twists and turns, investors should remain selective in the artificial intelligence plays they back. Within the space, Nvidia and Microsoft continue to look like strong investment candidates as AI infrastructure spending remains high.</p>
<div class="lb-trans"><p>即使在最近的市場波動中，暴露於人工智能趨勢的高知名度公司的估值仍然高度依賴於增長。考慮到當前存在的多種宏觀經濟和地緣政治風險因素，以及人工智能市場增長可能出現意外波動的可能性，投資者在選擇支持的人工智能項目時應保持選擇性。在這一領域，英偉達和微軟繼續被視為強有力的投資候選者，因為人工智能基礎設施支出仍然很高。</p>
</div>

Nvidia, Microsoft, and BlackRock Just Made a $40 Billion Bet on AI Infrastructure. Here's What It Means for Investors.

- Nvidia、Microsoft、BlackRock 和 xAI 組成財團以 400 億美元收購 Aligned Data Centers。  
- 此交易表明人工智能基礎設施投資在短期內將保持強勁。  
- 儘管市場波動，Nvidia 和 Microsoft 仍是人工智能領域的強勁投資選擇。

英偉達、微軟和貝萊德剛剛在人工智能基礎設施上進行了 400 億美元的投資。這對投資者意味着什麼