Topic: Financial Engineering

1 chapters across the catalog

Fever Concerns
Episode 1894 1:27:03 - 1:31:18

1894: Fever Concerns

Larry Fink and BlackRock, AI Infrastructure as Asset Class

Larry Fink of BlackRock and Jensen Huang of NVIDIA are spearheading a $500 billion investment initiative to treat AI compute as a new asset class. Critics compare this "financial engineering" to the mortgage-backed securities bubble that led to the 2008 financial crisis. The plan involves raising trillions of dollars from sovereign wealth funds to build out global AI infrastructure.