Blackstone reaffirms big bet on AI data centers — despite DeepSeek threat
Blackstone(BX) New York Post·2025-01-31 02:39
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 infrastructure was still vital for AI.The alternative asset manager, which has $80 billion worth of leased data centers, said its strategy for the segment was grounded in a “very prudent approach” and touted its partnerships with “some of the biggest companies in the world.”Data centers provide the infrastructure for storing, ...