Blackstone Inc. is prepared to continue investing in ventures related to the expanding field of artificial intelligence, according to CEO Steve Schwarzman. As companies race to provide the necessary infrastructure for the explosive growth of data centers, Blackstone is eager to capitalize on these opportunities.
Blackstone has already been actively investing in Australia in recent years. This includes the firm’s largest-ever investment in the Asia-Pacific region, the acquisition of the data-center operator AirTrunk. The deal, announced in September, valued AirTrunk at approximately A$24 billion (US$14.9 billion).
Steve Schwarzman, photographed by Chris Ratcliffe/Bloomberg
Schwarzman’s comments underscore the firm’s bullish outlook on the AI sector and its commitment to supporting the infrastructure demands of this rapidly evolving technology.
