BlackRock CEO Warns Data Center Delays Could Raise AI Computing Costs and Fuel Inflation

BlackRock CEO Larry Fink warned that insufficient data center expansion poses an inflationary risk as artificial intelligence demand surges, potentially raising computing costs unless infrastructure construction accelerates. Speaking to Bloomberg on October 21, Fink emphasized that "the faster we can build out more data centers, the more compute we have, the faster we can bring down the cost," cautioning that delays risk the opposite outcome: "If we don't build out these data centers, it is actually more inflationary because the cost of compute is so high right now."