Blackstone, DeepSeek
Blackstone holds firm on data center investments despite DeepSeek turmoil
Blackstone said on 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.
New York, Blackstone
As one of the world’s largest asset managers, overseeing $1.1 trillion in investments, Blackstone takes CEO appointments at ...
Private markets are set to see trillions of dollars of inflows as wealthy individuals gain greater access to an industry once ...
Blackstone joins other big investors such as ARCH Venture Partners and Bain Capital Life Sciences in pumping billions of ...
The firm is sticking with the strategy, which includes backing data centers, after it drove near-record earnings.
Citi analyst Christopher Allen raised the firm’s price target on Blackstone (BX) to $190 from $170 and keeps a Neutral rating on the shares.
Net income for the quarter totaled $1.3 billion, or $0.92 per share, in a 1,120% increase from $109 million a year earlier.
Blackstone Inc. secured US$630m from a fundraising effort targeting wealthy Canadian investors, increasing assets in its ...
Blackstone-Millville Regional High School will be closed Friday after a student told police a threat was made against them ...
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