BlackRock CEO Larry Fink Says a U.S. Data-Center Moratorium Would Mean Recession

BlackRock Chairman and CEO Larry Fink warned that a U.S. moratorium on data-center construction would put the country into recession, linking the risk to investment in AI infrastructure. “If we have a moratorium of some sort in this country, we will be in a recession,” Fink said in an Oct. 14 interview. He connected that possibility to spending on the data-center buildout. On data-center rumors and public fear, he said, “Most of it is on misinformation.” Fink did not outline the scope or length of the moratorium he had in mind.

Source: TokenPost