Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls. By Maureen Farrell The Chinese A.I. start-up ...
Distributable EPS came in at $1.69 in Q4, surpassing analyst estimates of $1.47. Blackstone's net income surged 364% to $704 million from $152 million in the previous year. Assets under management ...
Blackstone said 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 ...
Blackstone allays investors on data center investments DeepSeek's low-cost AI model upended global markets Analysts remain optimistic on data center investments despite emergence of DeepSeek The ...
Fee-related earnings jump to quarterly record Blackstone's Q4 inflows hit $57.5 billion Execs forecast real-estate recovery in later half of 2025 Jan 30 (Reuters) - Blackstone (BX.N), opens new ...
(Bloomberg) -- Blackstone Inc. is elevating two key executives at its private equity arm. Joe Baratta, the longtime face of Blackstone’s signature buyout fund, will oversee private equity ...
Updates at 8:47 AM ET to reflect Blackstone's announcement of the deal in headline and first paragraph. Adds Blackstone executive comment in fifth paragraph. DDN, which operates a platform to make ...
The new site has more than 100 years of history behind it, plus a roving guitar player everyone calls “Cousin Mel.” ...
(Bloomberg) -- Blackstone Inc. has hired financial advisers to explore the sale of song rights, including music from Bob Dylan, Adele and Ariana Grande, that it expects to fetch $3 billion or more ...