Blackstone’s AI investments reach $200bn in data centres alone
Blackstone has built a data centre portfolio valued at $200bn, including debt and projects under construction, as the alternative asset manager expands its investments across artificial intelligence infrastructure, according to a report by Bloomberg.
Blackstone has significantly expanded its AI investments, amassing a data centre portfolio valued at $200bn, as reported by Private Equity Wire. This expansion has been fueled by acquisitions such as QTS Realty Trust and AirTrunk, as well as the development of new projects. The firm's strategic moves include acquiring stakes in AI companies like OpenAI and Anthropic, partnering with tech giants such as Google, and investing in related infrastructure like power generation and battery storage.
However, this aggressive push into AI infrastructure has sparked concerns over potential technology obsolescence, escalating infrastructure costs, and a high concentration of capital in AI-related assets.
Brief written by urgent.news from Private Equity Wire's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
