BlackRock's Fink: No AI Bubble Exists, Technology Will Drive Global Growth

BlackRock CEO Larry Fink said on January 22, 2026, that there is no bubble in the artificial intelligence sector, emphasizing that developing AI requires massive investment. Speaking to Bloomberg at the World Economic Forum in Davos, Fink expressed full confidence in AI’s long-term potential and dismissed concerns of market overvaluation. Fink, co-chair of this year’s forum, stated that trillions of dollars invested in AI will fuel global economic growth, despite inevitable setbacks. He noted that while some investors are reallocating away from U.S. dollar assets—about 5% have shifted due to prior overexposure—he does not expect further large-scale moves given the strength of the U.S. economy. The remarks come amid broad equity gains in 2025 and heightened interest in AI-driven innovation.