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In September 2024, BlackRock and Microsoft introduced a $30 billion fund, the World AI Infrastructure Funding Partnership, to invest in AI infrastructure corresponding to information centers and power projects. Despite CrowdStrike’s CEO George Kurtz clarifying that the difficulty was not a cyberattack, the incident had widespread penalties, leading to delays in air travel, monetary transactions, and medical companies globally. On July 19, a world IT outage impacted Microsoft companies, affecting businesses, airways, and monetary institutions worldwide.
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