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Live updates: Day two dawns on Davos

The second day of Davos features discussions on AI, EVs, and more. Speakers include Microsoft's Satya Nadella and Salesforce's Marc Benioff.

It's Business Insider's second day at Davos, and it's a busy one.

Today, we'll cover speeches from power players like Microsoft CEO Satya Nadella, BlackRock CEO Larry Fink, Palantir CEO Alex Karp, and Salesforce CEO Marc Benioff.

Follow along here for updates on what people are saying.

Davos kicked off on Monday with a warning from Larry Fink about capitalism

BlackRock chairman and CEO US Larry Fink gestures as he addresses the audience, during the annual meeting of the World Economic Forum (WEF) in the Alpine resort of Davos on January 24, 2025.

Larry Fink opened the World Economic Forum with a speech that acknowledged the crisis of confidence that gatherings of world leaders such as Davos now face,

Fink took the stage at Davos to welcome more than a thousand chief executives to the World Economic Forum. In his opening remarks, he questioned whether anyone outside the room would care about this meeting of global leaders.

"Because if we're being honest, for many people this meeting feels out of step with the moment: elites in an age of populism, an established institution in an era of deep institutional distrust," the BlackRock CEO said.

"And there's truth in that critique," he added. "I've believed in this forum for a long time. I certainly wouldn't be leading it if I didn't. But it's also obvious that the world now places far less trust in us to help shape what comes next."

Fink's remarks ground what is expected to be a monumental week, in which deals are made and new alliances are forged amid turmoil in the wider political sphere.

The post Live updates: Day two dawns on Davos appeared first on Business Insider

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