14 Hrs
المشهد العربي
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المشهد العربي

2026-11-03T07:50:55.000Z

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المشهد العربي

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Vinik warns of recession

Vinik warns of recession

Larry Fink, CEO of BlackRock, warned that a halt to data center construction and development in the United States could push the economy into recession, since much of its current growth depends on investment in AI infrastructure. He said these projects create jobs and drive demand for construction workers, computing equipment and energy infrastructure, adding that many concerns about their expansion are based on misinformation.

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