
- Blackstone President Jonathan Gray confirmed the firm's intention to spend $30 billion on artificial intelligence data centers in Japan within the next three to five years.
- The investment firm views Japan as an increasingly critical private equity market, comparable in importance to India.
- Gray stated that the potential risks of insufficient computing resources are greater than the risks associated with a potential AI bubble.
Quotes
“the risk of not building enough computing resources outweighs AI bubble concerns.”