Blackstone, Apollo, and Blue Owl are all in on data center bets — but there's one thing making them wary
Concerns of an AI bubble may be mounting, but at the Goldman Sachs Financial Services Conference on Wednesday, the biggest private investors were bullish on their own investments. Blackstone President Jon Gray said it was the firm's biggest moneymaker. Ares CEO Michael Arougheti said that the firm's international data center investments are accelerating ahead of expectations and boosting revenue expectations. Blue Owl co-CEO Doug Ostrover said the firm is "incredibly bullish" on its own data center investm ...