AIQuartzabout 2 hours ago
BlackRock CEO Warns Data Center Ban Risks Recession
1 min read
BlackRock CEO Larry Fink warned that a data center moratorium could trigger a recession, citing AI infrastructure spending and job creation. He stated data centers create jobs while local opposition grows ahead of the Nov. 3 midterms, with analysts projecting AI capital spending could top $1 trillion in 2027.
Level
Hype check
Tap to vote and see what everyone thinks.
