Fink Warns Slow Data-Center Buildout Could Fuel Inflation
BlackRock CEO Larry Fink said delays in building data centers could push up computing costs and threaten economic growth as demand for artificial intelligence accelerates. "The faster we can build out more data centers, the more compute we have, the faster we can bring down the cost," he said. Fink made the comments to Bloomberg's Francine Lacqua on the sidelines of the Berlin Global Dialogue, where the infrastructure demands of the AI boom were a key topic. His warning frames data-center capacity as a potential bottleneck with broader economic consequences. The remarks highlight the tension between surging AI demand and the physical buildout needed to support it, and what that imbalance could mean for costs and growth.