Business2 sources
Larry Fink Warns AI Data Center Halt Could Trigger US Recession
- Larry Fink of BlackRock warns that halting AI data center construction could tip the US into a recession.
- Fink made the statement following BlackRock's Q3 earnings.
- Local opposition to data center construction has become a significant issue in the upcoming midterm elections.
- Fink referred to the backlash against data centers as 'misinformation'.
- Data centers have become a central focus of AI infrastructure spending and growth.