#capitalism-and-risk

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#ai-infrastructure-investment #hyperscaler-competition #market-consolidation #us-china-ai-race
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fromFortune
8 hours ago

BlackRock's Larry Fink predicts AI bankruptcies: 'That's capitalism' | Fortune

BlackRock CEO Larry Fink expects one or two AI companies to fail as inevitable market consolidation, while supporting continued massive infrastructure investment to maintain U.S. competitiveness against China.
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