"Larry Fink stated, 'The future is today,' highlighting BlackRock's proactive approach to investing in AI infrastructure and data centers. The firm is positioning itself to lead in this emerging market."
"BlackRock's acquisition of Global Infrastructure Partners and partnerships with tech giants like Microsoft and Nvidia reflect a strategic focus on building essential infrastructure for AI technologies."
"The collaboration among alternative asset managers, including Blackstone's joint venture with Anthropic, signifies a shift towards cooperative efforts in developing frameworks for AI technology adoption across industries."
Larry Fink, CEO of BlackRock, announced a forthcoming partnership with a hyperscaler to build data centers, emphasizing BlackRock's commitment to AI infrastructure. With $13.9 trillion in assets, BlackRock aims to finance technology buildouts, focusing on data centers and energy investments. The firm has previously acquired Global Infrastructure Partners and collaborated with major companies like Microsoft and Nvidia. Other asset managers are also investing in AI infrastructure, indicating a trend of collaboration in the sector to enhance technology adoption among portfolio companies.
Read at www.businessinsider.com
Unable to calculate read time
Collection
[
|
...
]