Blackstone's Stephen Schwarzman Says Company Shares Offer Cheap AI Exposure
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Stephen Schwarzman, the CEO of Blackstone, stated that the company's shares are currently undervalued, describing them as 'on sale.' He emphasized that investing in Blackstone provides a cost-effective way to gain exposure to artificial intelligence.
Schwarzman's comments highlight the firm's strategic positioning in the AI sector, suggesting that the market has not fully recognized the potential value of Blackstone's investments in this rapidly growing field.
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“Private capital group’s chief says company’s shares offer cheap exposure to AI”
FT — Blackstone’s Stephen Schwarzman: ‘Our stock is on sale’