BlackRock and Brookfield CEOs Forecast $10 Trillion AI Investment Over Next Decade at Milken
Seoul Economic Daily·medium signal
At the Milken Global Conference, BlackRock CEO Larry Fink and Brookfield CEO Bruce Flatt projected $10 trillion in total AI-related infrastructure investment across power grids, factories, data centers, and fiber optics over the next decade. Fink warned the US faces shortages in electricity, computing, and chips. ASML CEO Christophe Fouquet separately noted the semiconductor market will remain supply-constrained for at least five more years.