# @blackrock on YouTube - **Type:** Video - **Original URL:** https://youtube.com/watch?v=bS3LeqpG80M - **Gondola URL:** https://gondola.cc/posts/68634884-blackrock-youtube - **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/7b77382069.jpg - **Posted:** 2026-07-31T04:00:15.000+00:00 - **Account Owner:** BlackRock (@BlackRock) β€” https://gondola.cc/BlackRock ## Caption AI investing continues to shape markets as artificial intelligence (AI) moves beyond software and into the physical infrastructure of the global economy. From data centers and chips to space-based compute, autonomous trucks and humanoid robotics, the AI buildout is creating new questions about scarcity, supply chains and where value may accrue next. In this episode of The Bid, host Oscar Pulido is joined by Tony Kim, Head of the Global Technology Team within BlackRock Fundamental Equities. Fresh from his 13th annual technology tour across San Francisco and Silicon Valley, Tony shares what he heard from leading innovators and how the AI conversation has evolved from model development to compute, infrastructure, physical AI and the changing shape of the technology stack. Tony explains why AI investing may increasingly require looking across multiple layers of the ecosystem: the physical layer of power, chips, data centers and cloud infrastructure; the intelligence layer of foundation models; and the application and services layer where disruption remains a central question. The discussion also explores how AI is creating both scarcity and abundance, why data center demand is reshaping supply chains, and how countries and companies tied to the compute build-out may be positioned differently from more service-oriented parts of the market. πŸ‘‰ Subscribe to The Bid podcast playlist for more insights from BlackRock experts: https://1blk.co/48iHOs4 πŸ”— Watch and Subscribe to The Bid on YouTube: https://1blk.co/48iHOs4 πŸ”— Follow Us on LinkedIn: https://1blk.co/3v09q6Q πŸ”— Follow Us on Twitter (or X): https://1blk.co/3NuiIOW πŸ”— Learn More About BlackRock: https://1blk.co/41uwhDS Check out previous episodes with Tony Kim and the tech tour here: https://youtu.be/GTD0OU7DiAo https://youtu.be/9bUOYWEGXuk Chapters in this episode: 00:00 Introduction - AI Market Momentum 01:08 Inside The Tech Tour - Why data centers, chips, power and cloud infrastructure form the physical foundation of the AI stack. 01:56 How AI Is Shifting - How the shift in market value toward compute and model-centric companies is reshaping stock market trends. 06:18 AI Goes To Space - How low Earth orbit satellites could create new forms of AI data and, potentially, new compute architectures. 09:11 Physical AI Adoption - Why autonomous vehicles, self-driving trucks and humanoid robots are part of the broader physical AI story. 11:40 Scarcity And Infrastructure - Where supply constraints in energy, materials, optics, packaging and semiconductors may shape the next phase of AI growth. 17:07 Where To Invest In AI Next 21:49 Risks And Optimism 26:09 Closing And Next Episode AI investing, artificial intelligence, technology investing, capital markets, megaforces, data centers, robotics, stock market trends #AI #aiinvestments #techinvestments #techinnovation Source: BlackRock Fundamental Equities analysis of AI-related capex spending through 2030, as of July 2026; β€œHow much does a GW of data center capacity actually cost” Investing.com, 2025; S&P Global Indices as at July 14th 2026 ## Stats - **Views:** 723 - **Likes:** 0 - **Shares:** 0 - **Comments:** 0 ## Tags aiinvestments, techinnovation, techinvestments, ai --- Copyright (c) Gondola