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Blackstone's AI data centres face new threat

With the sudden advent of cost-effective AI, Blackstone could find itself in deep trouble
Blackstone's AI data centres face new threatPublished on January 31, 2025
  • $80bn AI investment at stake
  • Enjoys solid final quarter 

It is a measure of how many of the assumptions around the development of AI in the US have been upended by the emergence of a much cheaper Chinese alternative in DeepSeek that Blackstone (US:BX), the world’ largest investor in AI data centres, spent a good portion of its full results presentation answering awkward questions about the future. However, management’s effort was only partially successful.

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