Matt Clinch on Muck Rack

Matt Clinch

Verified
London
As seen in: Bloomberg News, Street Signs Europe, MSN, MSN Singapore, MSN España, MSN Malaysia, MSN Philippines, ABC News (Australia), Aol, Australian Broadcasting Corporation (ABC), CNBC, NBC News and
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Articles

BlackRock's Jewell Sees AI Capex Stable For Two To Three Years

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By Anna Edwards, Guy Johnson Verified, Matt Clinch Verified
| Financial Advisor Verified
Commitments for AI spending should sustain the investment theme around the technology for two to three years, even as tech giants gradually turn cash-flow negative and start raising debt to fund their buildouts, according to BlackRock Inc.’s Helen Jewell. The biggest U.S. tech firms are planning to spend more than $700 billion this year on data centers, specialized chips, and networking equipment to support their artificial intelligence plans, with that number approaching $1 trillion for 2027.
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CIO da BlackRock vê mais até três anos de fôlego para investimentos em IA

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By Matt Clinch Verified, Guy Johnson, Anna Edwards Verified
| Bloomberg Línea Verified
Bloomberg — Os compromissos com gastos em IA devem sustentar a tese de investimento em torno dessa tecnologia por dois a três anos, mesmo que os gigantes da tecnologia passem gradualmente a apresentar fluxo de caixa negativo e comecem a contrair dívidas para financiar suas expansões, segundo Helen Jewell, da BlackRock.
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BlackRock’s Jewell Sees AI Capex Stable for Two to Three Years

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By Matt Clinch Verified, Guy Johnson Verified, Anna Edwards Verified
| Yahoo Finance Verified
(Bloomberg) -- Commitments for AI spending should sustain the investment theme around the technology for two to three years, even as tech giants gradually turn cash-flow negative and start raising debt to fund their buildouts, according to BlackRock Inc.'s Helen Jewell.
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