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Firmus Grid Ltd. plans to allocate about half of the shares in its initial public offering to existing shareholders. This allocation will allow Nvidia Corp and Blackstone Group to increase their stakes in the company.
An alliance that includes Blackstone’s QTS, NextEra Energy Inc. and Siemens Energy AG is preparing to counter a wellspring of opposition to artificial intelligence and other infrastructure development that’s bubbled up across Texas.
AI companies, private equity firms, and unions are collaborating to establish a multimillion-dollar coalition focused on responsible growth in the data center sector. This initiative, known as the American Infrastructure Alliance, includes major players like Blackstone, OpenAI, QTS, and SoftBank, aiming to create data center standards by 2027.
As Jon Gray recalls it, Blackstone Inc.’s first foray into India started slowly and then ran into headwinds during the global financial crisis.
Blackstone Inc. is preparing a disposal of Clarion Events’ Asian business, as part of its broader plan to revive the sale of the UK events organizer, people with knowledge of the matter said.
A group of 10 banks is providing a $22 billion chip loan to support Blackstone Inc. and Alphabet Inc.’s new cloud venture Crux AI. This marks the latest mega-debt deal in the race to finance the expensive processors crucial to artificial intelligence.
Blackstone Inc. is working through a backlog of investors who’ve asked to pull cash out of the firm’s flagship private credit fund and is confident the asset class will recover, President and Chief Operating Officer Jon Gray told Swiss newspaper NZZ.
AirTrunk, a data center operator owned by Blackstone Inc., is in talks with banks to borrow about S$2 billion ($1.6 billion) to help finance the public listing of a real estate investment trust backed by its assets.
Some of the world’s biggest investors are pushing money managers to fork over more information on their AI-related holdings.
Enbridge Inc., the Canadian energy infrastructure giant, reached an agreement to buy Tallgrass Energy’s crude oil business from Blackstone Inc. for about $2.6 billion.
Enbridge Inc., the Canadian energy infrastructure giant, is in advanced talks to buy a major crude oil pipeline in the US from Blackstone Inc.’s Tallgrass Energy for about $2 billion, according to people familiar with the matter.
Alphabet Inc. and Blackstone Inc.’s new cloud venture has hit delays for major data-center locations that were supposed to run Google’s chips, underscoring the obstacles standing in the way of Big Tech’s AI ambitions.
Blackstone's Top Private-Equity Executive Is Preparing to Leave Firm
Australia's IDP rejects Blackstone's $494 million takeover offer
Banks provide $22 billion chip loan to Blackstone, Alphabet cloud venture, Bloomberg News reports
Enbridge nears $2 billion deal for Blackstone's Tallgrass pipeline, Bloomberg News reports
Blackstone explores sale of ZO Skin Health, sources say
Private credit roundup: Software marks and Blackstone's backlog of redemptions
Jersey Mike’s alums look to ‘run it back’ with fast-casual chain Dog Haus targeting 300 locations
ChatGPT Holds The AI Crown As Gemini Slips And Claude Keeps Climbing
Blackstone, La Caisse to Buy 25% of Air Canada's Aeroplan Loyalty Program
Twilio, Transocean, Blackstone And More On CNBC's ‘Final Trades'
Blackstone-owned Safe Harbor nears $1.5 billion deal to buy MarineMax, sources say
Private Credit Is Under Growing Strain, Despite Industry's Upbeat Tone
Blackstone's AGS Health files updated draft papers for $500 million India IPO
Hackers targeted US private equity, other firms including Blackstone, CME, data shows