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Larry Fink says BlackRock, hyperscaler data center partnership coming soon

Business Insider·Bradley Saacks·27 days ago
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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 bet. Speaking at the Milken conference in Los Angeles on Tuesday, Fink said his firm will announce a partnership with an unspecified hyperscaler later this week to build data centers . "The future is today," Fink said. BlackRock did not immediately return requests for comment.…

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