BlackRock CEO sees 'giant issue' for Europe due to AI power needs-March 2024-www.financetom.com

BlackRock CEO sees 'giant issue' for Europe due to AI power needs

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BlackRock CEO sees 'giant issue' for Europe due to AI power needs

May 17, 2024 5:36 AM

ROME, May 17 (Reuters) - The enormous power supply

required by data centres to support artificial intelligence

technologies will create competitive issues among countries and

put Europe at a disadvantage, the CEO of BlackRock ( BLK ) said on

Friday.

"It will be a giant issue for Europe," Larry Fink told a

business conference in Rome.

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