{
  "id": 5814748,
  "title": "Massive AI spending 'exactly the opposite' of a bubble, says Blackstone",
  "url": "https://urgent.news/2026/09/04/massive-ai-spending-exactly-the-opposite-of-a-bubble-says-blackstone-5814748",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-04T21:00:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/732634/business/massive-ai-spending-exactly-the-opposite-of-a-bubble-says-blackstone"
  },
  "original_language": "en",
  "account": "Investors are questioning whether massive spending on AI infrastructure is creating a stock market bubble, but Blackstone insists there is no cause for concern. Jon Gray, president of Blackstone, explains that the demand for computing power is genuine and will drive productivity gains, but supply limitations are holding back full realization of AI's potential. He is among six Wall Street firms investing billions in this infrastructure, with each AI factory representing billions of dollars in chip investments. Gray believes that this investment is not a bubble, because demand for AI will exceed expectations and cannot be determined by individual company valuations.",
  "summary": "Huge investments in AI data centres and other infrastructure are not fuelling a stock market bubble, a top Wall Street firm insisted after a commitment to spend billions alongside chip giant Nvidia.In...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Massive AI spending ‘exactly the opposite’ of a bubble, says Blackstone",
        "url": "https://urgent.news/2026/09/04/massive-ai-spending-exactly-the-opposite-of-a-bubble-says-blackstone",
        "published": "2026-09-04T12:47:38.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}