Unbiased AI-powered news
3 stories related to this topic, newest first.
Substrate placeholder — needs reviewBlackRock CEO Larry Fink said global demand for computing power has grown so large that traders may one day bet on it through a futures market. The statement highlights the scale of current requirements driven by advances in artificial intelligence and data centers. No timeline o…
Substrate placeholder — needs reviewLarry Fink, Chief Executive Officer of BlackRock, stated that big institutional investors like insurers are showing increased demand for private credit. He added that retail clients are growing skittish over the asset class and seeking to redeem more shares. The information comes…
Substrate placeholder — needs reviewLarry Fink, CEO of BlackRock, stated that artificial intelligence will generate employment opportunities for trades such as plumbers and electricians. The comment highlights AI's potential to complement manual labor rather than replace it entirely. This perspective comes amid bro…