BlackRock CEO Larry Fink disagrees with everyone who says there is AI bubble; says: It’s actually the opposite, as we have severe shortage of …
BlackRock CEO Larry Fink has pushed back against growing concerns of an artificial intelligence (AI) bubble. He has stated that the industry is instead facing a shortage of computing capacity, chips, and memory. Speaking at the Milken Institute Global Conference in Beverly Hills, Fink said demand for AI infrastructure is outpacing supply at an unexpected…