Reported about 12 hours ago
Blackstone reaffirmed its commitment to data center investments, despite concerns raised by the emergence of low-cost AI models from DeepSeek. The firm emphasized the continued importance of physical infrastructure for AI functionality, pointing to its $80 billion portfolio of leased data centers and strong partnerships with major companies. Executives believe the increased adoption of AI will ultimately drive higher demand for data centers, even as the market navigates the competitive landscape introduced by DeepSeek.
Source: YAHOO