Fink warns US data center pause could trigger recession

BlackRock chief executive Larry Fink told CNBC that a countrywide moratorium on US data center construction will lead to a recession, because so much of the economy now rests on the AI infrastructure buildout, and he described local opposition as mostly misinformation. The comments come as moratorium proposals spread across US data center markets, including in Loudoun County, Virginia, the country’s largest data center corridor. Real estate firm JLL estimates that data center capacity through 2030 will require 3 trillion dollars in total investment, with global occupancy at 97 percent.