Blackrock (BLK) CEO Fink says US is not investing enough in the grid to keep up with demand for compute, via CNBC interview

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BlackRock CEO Larry Fink has warned that US power grid infrastructure investments are failing to keep pace with the surging computing demand from AI and data centers. Power supply shortages have been identified as a key bottleneck hindering the scalability of tech companies. Investors must recognize that power grid modernization and improved energy efficiency are essential prerequisites for future tech industry growth.

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The rapid expansion of AI infrastructure is placing unprecedented pressure on existing electrical grids. As data centers consume vast amounts of electricity, the gap between supply and demand is widening, creating operational risks for tech giants that rely on consistent high-capacity power. The transition toward intelligent energy management and heavy investment in utility infrastructure are now critical factors in determining the long-term success of the technological sector.

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