BlackRock CEO warns US data center construction pause could trigger recession

BlackRock CEO Larry Fink warned that a nationwide moratorium on US data center construction could lead to a recession, given the economy's heavy reliance on AI infrastructure investment. JLL estimates $3 trillion in total investment will be needed for data center capacity through 2030, with global occupancy at 97% and 77% of the construction pipeline already pre-committed.

• Fink: a nationwide data center moratorium would lead to a US recession
• JLL: $3 trillion in investment needed for data centers through 2030
• Global data center occupancy is 97%, with 77% of pipeline pre-committed
• US demand for capacity is now five times higher than two years ago