BlackRock says it is keeping an overweight position on the artificial intelligence theme even as risks increase. Wei Li, the firm’s Global Chief Investment Strategist, tells Bloomberg that BlackRock has not changed its overall conviction in the AI thesis. She says the risk environment has worsened in recent weeks, citing concerns including increased commoditization risk and questions about capital capacity. Li also points to tougher competition and the impact of higher interest rates as factors that can affect valuations and investment pace. Despite these concerns, BlackRock is not reducing its conviction in the long-term AI outlook. In her remarks, she indicates the firm is not adding to its conviction, but intends to remain overweight on AI. The comments reflect BlackRock’s view that, while near-term conditions may be more challenging, the broader investment case for AI continues to warrant a higher-than-benchmark allocation. The statements come as investors weigh the durability of AI demand and funding against macroeconomic and competitive pressures.