BlackRock’s Larry Fink Predicts Future Market for AI Computing Power
BlackRock CEO Larry Fink said growing shortages in AI infrastructure could eventually create a futures market for computing power, similar to oil or energy trading.
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BlackRock CEO Larry Fink said growing shortages in AI infrastructure could eventually create a futures market for computing power, similar to oil or energy trading.
BlackRock’s assets under management climbed to a record $13.46 trillion in the third quarter, driven by $205 billion in inflows, record ETF demand, and rising technology and private market revenues.