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BlackRock in talks with governments about investments to power AI

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Blackrock خبریں

AI,AI Data Centers

AI data centres are going to require more power than anything

ROME - BlackRock is in talks with various governments over ways to fund critical investments to support artificial intelligence , including increasing the power supply, the CEO of the world's largest asset manager said on Friday.

BlackRock CEO Larry Fink spoke remotely at a meeting in Rome of the B7 business groups of the Group of Seven states. "These we could ever have imagined. We at the G7 do not have enough power," Fink said.Data centres are likely to be built where power supply is cheaper, raising the need for state subsidies in areas where energy costs are not competitive, Fink said.

Japan on Tuesday said it envisages the need for electricity output to rise 35% to 50% by 2050 due to growing demand from semiconductor plants and data centres backing AI.

AI AI Data Centers

 

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