BlackRock CEO Larry Fink Warns Data Center Delays Could Fuel Inflation

BlackRock Chairman and CEO Larry Fink warned Wednesday that a slower buildout of data centers could keep AI computing expensive, adding to inflation and threatening economic growth. In an interview on the sidelines of the Berlin Global Dialogue, Fink argued that building more data centers would increase the computing capacity available for artificial intelligence. Greater capacity could lower computing costs, he said, while construction delays could keep those costs high. Fink also tied the pace of AI infrastructure construction to economic growth. His comments follow an Oct. 14 warning about a possible U.S.

Source: TokenPost