BlackRock executives have raised concerns about the power supply and capital investment needed to support artificial intelligence (AI) technologies. COO Robert Goldstein highlighted the potential of generative AI as a significant technological evolution, sharing insights at FortuneFinance and discussing ChatGPT. CEO Larry Fink emphasized that G7 countries currently lack sufficient power supply to support AI. Fink also estimated that trillions of dollars of capital would be required to build AI data centers. Furthermore, Fink pointed out that the enormous power supply required by AI data centers could create competitive issues among countries, particularly affecting Europe.
JUST IN: 🇨🇳 🇺🇸 BlackRock says G7 countries DO NOT have enough power supply to support artificial intelligence. https://t.co/alQz153fzo
BlackRock CEO sees 'giant issue' for Europe due to AI power needs https://t.co/FOImGnsfgB https://t.co/VIsrsHvvQY
⚠️ JUST IN: *BLACKROCK CEO: WE ESTIMATE TRILLIONS OF DOLLARS OF CAPITAL ARE NEEDED TO BUILD AI DATA CENTRES *BLACKROCK CEO: G7 COUNTRIES DO NOT HAVE SUFFICIENT POWER SUPPLY TO SUPPORT ARTIFICIAL INTELLIGENCE https://t.co/WmgEXH9PKO
⚠️ BLACKROCK CEO SEES 'GIANT ISSUE' FOR EUROPE DUE TO AI POWER NEEDS Full Story → https://t.co/UyYJmymzAh The enormous power supply required by data centres to support artificial intelligence (AI) technologies will create competitive issues among countries and put Europe at a… https://t.co/1hXQaIr1ux
BLACKROCK CEO: WE ESTIMATE TRILLIONS OF DOLLARS OF CAPITAL ARE NEEDED TO BUILD AI DATA CENTRES
BLACKROCK CEO: G7 COUNTRIES DO NOT HAVE SUFFICIENT POWER SUPPLY TO SUPPORT ARTIFICIAL INTELLIGENCE
BLACKROCK CEO: G7 COUNTRIES' ENERGY NEEDS WILL SURGE DUE TO AI
BlackRock COO Robert Goldstein discussed one major learning about ChatGPT at #FortuneFinance. https://t.co/yeHpzGHjlK
.@BlackRock COO Robert Goldstein says Gen AI’s problem-solving abilities will help unlock what “will be the most significant technology, innovation, evolution, revolution of my 30-year career.” #FortuneFinance | https://t.co/QYQjxQxowp https://t.co/pTSM4KYIZl