Investors back energy providers over big tech for 2026 AI bets, says BlackRock

FILE PHOTO: Visitors view racks for data servers, GPUs and CPUs during a tour inside the Nebius AI UK data centre, a new facility hosting NVIDIA and other computer firms, at Ark Data Centres, in Chertsey, Britain, November 6, 2025. REUTERS/Toby Melville/File Photo

LONDON, Jan 13 (Reuters) - BlackRock, ‌the world's largest asset manager, still believes in ‌the investment case for artificial intelligence in the ‌year ahead but will be focusing on broader opportunities, it said on Tuesday.

Investors seeking to play the AI theme into 2026 favour ‍energy and infrastructure providers over Wall ‍Street big tech, BlackRock ‌said in its Investment Directions report, citing a recent investor ‍survey ​it conducted.