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Larry Fink, CEO of American financial giant BlackRock, denied the existence of an artificial intelligence bubble in an exclusive interview and refuted claims that the surge in investment in artificial intelligence (billions of dollars have been invested in this new technology) is being exaggerated. Fink stated that it is acceptable for one or two failures to occur in the field of artificial intelligence, as it is a competition for technological leadership. He emphasized that if we do not increase investment, our competitors will win. At the same time, he believes that the biggest obstacle to the expansion of artificial intelligence in the United States and Europe is energy costs.