BlackRock's Larry Fink hints at a coming partnership with a hyperscaler

Larry Fink runs the world's largest asset manager, BlackRock

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• BlackRock CEO Larry Fink said at Milken that his firm is partnering with a hyperscaler.
• The partnership, intended to build data centers, will be announced later this week, he said.
• Fink has positioned $13.9 trillion BlackRock to fund the buildout of infrastructure for AI.

BlackRock CEO Larry Fink is one of the most bullish people in the world about artificial intelligence, and he just announced another AI bet.