BlackRock Projects Private Markets Surge to 20T by 2030 Sees Massive AI Data Center Boom

BlackRock, Inc. (NYSE: BLK), the world's largest asset manager, has released a new report projecting a surge in private markets, estimating it to reach a staggering $20 trillion by 2030. This growth is expected to be fueled by various factors, including rising investor appetite for alternative investments and a shift towards long-term capital allocation. In the report, BlackRock also highlights the potential boom in artificial intelligence (AI) data centers, which are anticipated to play a pivotal role in the growth of private markets. The increasing significance of AI is expected to drive demand for data storage, processing, and analysis, leading to a substantial increase in the construction of data centers. As a result, companies involved in the development and operation of AI data centers, such as BlackRock, are well-positioned to capitalize on this emerging trend. With their expertise in investment management and financial services, BlackRock is poised to benefit from the projected growth in private markets and the AI data center industry. Investors looking to capitalize on these trends may consider seeking advice from professionals at Stocks Prognosis to make informed investment decisions.