Larry Fink, the CEO of BlackRock, believes that $40 trillion in U.S. debt won’t matter much if AI boosts GDP growth by 3%.

Oct 15, 2026, 10:20 AM ETOpinionRead the original at Benzinga

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BlackRock could gain work helping fund AI projects, but the story reports no deal. Fink also warned that higher borrowing costs and construction limits could hurt growth, so the story does not change BlackRock’s outlook.

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This could give BlackRock more work arranging money for AI projects. Fink said the firm is talking with large technology companies, but the story names no signed deal or new income. The possible gains depend on AI lifting growth. Fink warned that borrowing costs may stay higher for longer, and local bans on data centers could push the country into recession. Those possibilities point in different directions, with no completed business change reported. The story does not show a clear change to BlackRock’s outlook.

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