Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Technology › Wall St. Wants Another Half-Trillion Dollars for the A.I. Boom
Technology

Wall St. Wants Another Half-Trillion Dollars for the A.I. Boom

Wall St. Wants Another Half-Trillion Dollars for the A.I. Boom
NYT Business Monday 10 August 2026, 23:28 UTC By Rob Copeland and Kalley Huang 1 min read
Key Points

The chief executive of BlackRock, Larry Fink, shown in January, said on Monday that the artificial intelligence industry needed to raise money “as fast as possible.”

The chief executive of BlackRock, Larry Fink, shown in January, said on Monday that the artificial intelligence industry needed to raise money “as fast as possible.” [Image text:] WORL ONOI FORUI
BlackRock (ORG) Larry Fink (PERSON)
Originally published by NYT Business Read original →

Related Stories

Wall St. Wants Another Half-Trillion Dollars for the A.I. Boom

The chief executive of BlackRock, Larry Fink, shown in January, said on Monday that the artificial intelligence industry needed to raise money “as fast as possible.”

New York Times 38m ago

Intel Is Said to Near Share Sale Upsize to Raise $20 Billion

Intel Is Said to Near Share Sale Upsize to Raise $20 Billion Intel Corp. is seeking to increase the amount it’s raising in a share sale to about $20 billion, according to people familiar with the matter, a third more than it was targeting when it announced the deal Monday morning. The chipmaker is poised to price the offering at around $95 per share or above, the people said, asking not to be identified as the information isn’t public. At that level, the pricing would represent a discount of...

Bloomberg Technology 56m ago

Asian Bank Stocks Rally as Investors Seek Safety From Volatile AI Trade

Asian Bank Stocks Rally as Investors Seek Safety From Volatile AI Trade Asian banks are staging one of their strongest stock rallies in decades, a trend that may continue as investors look for a safer bet in the face of the volatile AI trade. Lenders across the region have benefited from a more conservative investment philosophy that prefers attractive dividends, steady earnings and stronger exposure to local economies. Besides steering clear of the increasingly crowded AI trade, favoring...

Bloomberg Technology 1h ago

Zuckerberg pushes ‘superintelligent’ AI for all as Meta drops open-source model

Meta CEO presents utopian vision of AI in 6,000-word essay amid Silicon Valley debate over government regulationMark Zuckerberg published a lengthy essay on Monday detailing his views on artificial intelligence and announced several plans for how Meta would develop the technology in the future. The CEO’s essay went online the same day as Meta released a new, open-source AI model that seeks to rival Anthropic and OpenAI’s products called Muse Glimmer. Over the course of more than 6,000 words...

The Guardian UK 1h ago