business / news / / NDTV Profit
Larry Fink, chairman and chief executive officer of BlackRock, said shortages of compute power, chips, memory and electricity could create a new tradable asset class.
Larry Fink predicts futures of compute power will emerge as a new tradable asset class.
KEY POINTS
- BlackRock sees supply shortages in power, chips, compute, and memory rather than an AI investment bubble.
- Hyperscalers are increasingly forming financing partnerships with investment firms for costly data centre projects.
- AI infrastructure build-out is expected to require trillions in investment, with private capital playing a central role.
COMPANIES
Summarized by Newsio from NDTV Profit. How we summarize →