BlackRock CEO warns data center delays could fuel inflation, threaten economic growth

[BlackRock Infrastructure Summit Held In Washington, DC] Anna Moneymaker/Getty Images News BlackRock (BLK [https://seekingalpha.com/symbol/BLK]) CEO Larry Fink warned that slowing data center construction could drive up AI computing costs and undermine economic growth as demand for the technology surges. “If we don’t build out these data centers, it is actually more inflationary because the cost of compute is so high right now,” Fink said Wednesday in an interview with Bloomberg Television at the Berlin Global Dialogue. “And the faster we can build out more data centers, the more compute we have, the faster we can bring down the cost.” Fink added that delays could have broader economic consequences.