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Blackstone president Jon Gray is making AI one of the investment giant’s biggest bets, according to a Bloomberg profile published on 17 October. The report describes a business spanning data centres, chip financing and a cloud venture with Google.

Why it matters

It also says AI is being used to advise on potential deals. That offers a glimpse of how the technology is reaching beyond the companies building models and into investment decisions. The profile puts Blackstone’s data-centre empire at $200 billion.

Discuss: How much should investment firms rely on AI advice when the stakes are measured in billions?

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