Oxford University's St Hugh's College found the price of updating its math department computer lab had nearly doubled, a cost increase that Oxford professor of mathematical finance Rama Cont attribute…
BlackRock CEO Larry Fink compared Nvidia's AI chips to mortgage-backed securities, suggesting they are becoming an asset class. The comparison highlights the growing financialization of AI hardware as…
BlackRock CEO Larry Fink said the United States needs $500 billion immediately and trillions more to build AI infrastructure, warning that delays could widen wealth inequality. Speaking on a CNBC pane…
BlackRock CEO Larry Fink said Americans' retirement savings need to fund $10 trillion in AI infrastructure demands, urging investors to protect their wealth as the AI buildout accelerates.…
BlackRock's Global Infrastructure Partners and the AI Infrastructure Partnership signed a non-binding memorandum of understanding with North America's Building Trades Unions (NABTU) on August 10, 2026…
BlackRock's Global Infrastructure Partners and the AI Infrastructure Partnership signed a non-binding Memorandum of Understanding with North America's Building Trades Unions on August 10, 2026, to con…
JPMorgan Chase CEO Jamie Dimon said the American Dream remains 'totally achievable' for most Americans, but acknowledged it is 'slipping' for the bottom 20% of households, whose incomes have stagnated…
BlackRock's shifting language on sustainable investing illustrates how corporate messaging can drift, and Tuck School of Business professors Mark DesJardine and Paul Argenti argue in a forthcoming pap…
Sir Martin Sorrell, founder of S4 Capital and former CEO of WPP, said that in the AI era, 'good people who share will be the real kings and queens,' as AI democratizes knowledge and flattens organizat…
Nvidia CEO Jensen Huang said at the World Economic Forum in Davos that the AI infrastructure build-out will create hundreds of thousands of high-paying jobs in construction and skilled trades, estimat…
Nvidia CEO Jensen Huang said at the World Economic Forum in Davos that the construction of AI data centers, which McKinsey estimates will require $7 trillion in global capital outlays by 2030, will cr…
BlackRock is acquiring an 80% stake in Meta's $14 billion data center in El Paso, Texas, under a joint venture that keeps the debt off Meta's balance sheet. BlackRock will contribute $4.9 billion in c…
Meta Platforms and BlackRock announced a joint venture to develop a $14 billion data center campus in El Paso, Texas, with BlackRock-managed funds owning 80% and Meta retaining 20%. The 1-gigawatt fac…
Meta and BlackRock have formed a $14bn joint venture to build an AI data centre in El Paso, Texas, with BlackRock funds owning 80% and Meta owning 20%. Meta will remain the sole tenant and constructio…
Meta and BlackRock announced a venture to develop and own a 1-gigawatt data center campus in El Paso, Texas, representing a $10 billion investment from Meta that will create over 4,000 construction jo…
BlackRock is raising at least $12 billion through a bond sale to build a Meta data centre in El Paso, Texas, with BlackRock owning 80% of the project and Meta owning 20%, allowing Meta to keep the cos…
BlackRock CEO Larry Fink warns that China's massive buildout of 100 GW of nuclear power and nearly 100 GW of solar power gives it a decisive edge in the AI energy race, potentially leaving the US and …
A consortium including BlackRock's Global Infrastructure Partners, MGX, and the Artificial Intelligence Infrastructure Partnership is acquiring Aligned Data Centers for approximately $40 billion, the …
Palantir CEO Alex Karp estimated that AI could make him 20 times wealthier, with his fortune potentially reaching $300 billion, while middle-class workers might only see their salaries double over the…
Palantir CEO Alex Karp, with a net worth of $15 billion, warned that AI will make him 20 times wealthier while middle-class workers see only modest raises, calling the disparity a "complete decoupling…