# BlackRock CEO Larry Fink says there is no artificial intelligence bubble.

*business · news · 2026-05-08 · Finbold*

## Key points

- Larry Fink proposed creating a compute futures asset class to address AI infrastructure shortages.
- Fink stated the U.S. lacks sufficient energy, compute, and chips for projected AI demand.
- Google reported that AI-driven demand exceeded their cloud capacity, limiting potential revenue.
- Firms like xAI are relying on diesel generators to meet immediate data center power needs.
- Uncertainties remain due to hardware obsolescence and surveys showing limited AI adoption benefits.

**Companies:** BlackRock, Google, Caterpillar
**Countries:** United States

[Read the full story on Finbold](https://finbold.com/blackrock-says-compute-futures-could-become-a-new-asset-class/)

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