Larry Fink Warns Data Center Delays Drive Inflation

Larry Fink, the Chief Executive Officer of BlackRock Inc., warned that delays in constructing data centers could increase computing costs and threaten economic growth. Speaking at the Berlin Global Dialogue on Wednesday, Fink argued that a slow buildout of AI infrastructure is inflationary because the cost of compute is currently so high.

Fink stated that accelerating the development of more data centers would increase available computing power, which would subsequently lower costs as the demand for artificial intelligence continues to accelerate.