Business Insider
US · 2 hrs ago
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BlackRock's Larry Fink hints at a coming partnership with a hyperscaler
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AI Analysis
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Centre / Neutral ⚠ Misleading
BlackRock CEO Larry Fink announced at the Milken Conference that the asset manager will partner with a hyperscaler to build data centers, with details to follow later in the week. BlackRock has positioned itself as a major funder of AI infrastructure buildout.
BlackRock's Larry Fink hints at a coming partnership with a hyperscaler
Larry Fink runs the world's largest asset manager, BlackRock
Anna Moneymaker/Getty Images
BlackRock CEO Larry Fink said at Milken that his firm is partnering with a hyperscaler.
The partnership, intended to build data centers, will be announced later this week, he said.
Fink has positioned $13.9 trillion BlackRock to fund the buildout of infrastructure for AI.
BlackRock CEO Larry Fink is one of the most bullish people in the world about artificial intelligence, and he just announced another AI
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