Blackstone Still Bullish on A.I. Data Centers Despite DeepSeek

Blackstone Still Bullish on A.I. Data Centers Despite DeepSeek

The Chinese A.I. start-up DeepSeek upended the prevailing view that artificial intelligence systems require huge amounts of power and investment. But Blackstone, the private equity behemoth and a major global investor in data centers that run A.I. systems, remains optimistic.

“We still think there’s a vital need for physical infrastructure, data centers and power,” Jonathan Gray, Blackstone’s president, said during a fourth-quarter earnings call with investors on Thursday. “The form…

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https://www.nytimes.com/2025/01/30/business/blackstone-ai-quarterly-report-deepseek.html

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