DeepSeek, Blackstone and data center
Blackstone holds firm on data center investments despite DeepSeek turmoil
Blackstone said on Thursday its massive investments in data centers would not be undermined by the low-cost artificial intelligence models from China's DeepSeek, as the need for physical infrastructure was still vital for AI.
Blackstone defends data center investment vision, but admits it's watching DeepSeek concerns "very closely"
Blackstone took a defensive stance in its latest earnings call after China's DeepSeek caused tech stocks to tumble. After previously using the call to push the benefits of AI infrastructure, the subject was not broached until Morgan Stanley asked about DeepSeek-instigated data center buildout concerns.
Blackstone, a significant investor in data centers, asserts the importance of physical infrastructure in the AI era despite ...
Net income for the quarter totaled $1.3 billion, or $0.92 per share, in a 1,120% increase from $109 million a year earlier.
With a $1B power plant deal in Virginia, Blackstone continues to bet big on data centers and the infrastructure to power them ...
The unit of Blackstone dedicated to investments in the energy industry has agreed to acquire Potomac Energy Center, the asset ...
It’s been three years since Blackstone’s last big move in Manhattan’s office market. In 2022, the company acquired a 49 ...
The firm is sticking with the strategy, which includes backing data centers, after it drove near-record earnings.
The chief operating officer of the investment giant said high-quality assets in strong markets were being priced at ...
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