BlackRock Says AI Could Give Crypto Real-World Value
BlackRock says investors are concentrating on bitcoin and ether, while AI is emerging as a more powerful force shaping crypto’s long-term role as infrastructure.
BlackRock says investors are concentrating on bitcoin and ether, while AI is emerging as a more powerful force shaping crypto’s long-term role as infrastructure.
BlackRock CEO Larry Fink warned that the AI boom could deepen wealth inequality unless more individuals gain access to market returns.
As OpenAI nears a $100 billion round and Anthropic closes a $30 billion raise, overlapping investors are challenging traditional venture capital norms around exclusivity and loyalty.
Databricks secures $4 billion in Series L funding at $134B valuation, fueling AI product growth, Lakebase database development, and enterprise AI agent deployment.
Spain’s ACS and BlackRock’s Global Infrastructure Partners have created a €2 billion joint venture to develop a 1.7GW data center portfolio as demand for AI and cloud infrastructure accelerates.