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a potentially massive dwarf planet candidate beyond PlutoEating blueberries every day may ease depressive symptoms in older adultsEating blueberries every day may ease depressive symptoms in older adultsEating blueberries every day may ease depressive symptoms in older adultsIran warns of a 'new battlefield' after reported US strike on QeshmIran warns of a 'new battlefield' after reported US strike on QeshmIran warns of a 'new battlefield' after reported US strike on Qeshm
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Business • 2026-11-03, 06:40 ET • ~1 min read

Blackstone chief says AI buildout needs more equity, not just debt

Blackstone chief says AI buildout needs more equity, not just debt

Blackstone chief says AI buildout needs more equity, not just debt

Blackstone chief says AI buildout needs more equity, not just debt

Key points

اہم نکات

मुख्य बातें

  • Blackstone President Jon Gray said at a Hong Kong investment summit on Tuesday that technology companies will need to raise more equity to fund the artificial intelligence buildout, as debt alone leaves lenders too concentrated in the same companies.
  • He said demand for computing power is running well ahead of supply, while sites, permits, chips and power are harder to secure.
  • Gray pointed to Meta, Google and Oracle raising equity, and to SpaceX and Anthropic going public, as signs of the shift.
  • Blackstone President Jon Gray said at a Hong Kong investment summit on Tuesday that technology companies will need to raise more equity to fund the artificial intelligence buildout, as debt alone leaves lenders too concentrated in the same companies.
  • He said demand for computing power is running well ahead of supply, while sites, permits, chips and power are harder to secure.
  • Gray pointed to Meta, Google and Oracle raising equity, and to SpaceX and Anthropic going public, as signs of the shift.
  • Blackstone President Jon Gray said at a Hong Kong investment summit on Tuesday that technology companies will need to raise more equity to fund the artificial intelligence buildout, as debt alone leaves lenders too concentrated in the same companies.
  • He said demand for computing power is running well ahead of supply, while sites, permits, chips and power are harder to secure.
  • Gray pointed to Meta, Google and Oracle raising equity, and to SpaceX and Anthropic going public, as signs of the shift.

Blackstone President Jon Gray said at a Hong Kong investment summit on Tuesday that technology companies will need to raise more equity to fund the artificial intelligence buildout, as debt alone leaves lenders too concentrated in the same companies. He said demand for computing power is running well ahead of supply, while sites, permits, chips and power are harder to secure. Gray pointed to Meta, Google and Oracle raising equity, and to SpaceX and Anthropic going public, as signs of the shift. Other finance leaders at the summit warned that total AI spending could reach enormous levels and that markets could face a correction.

Blackstone President Jon Gray said at a Hong Kong investment summit on Tuesday that technology companies will need to raise more equity to fund the artificial intelligence buildout, as debt alone leaves lenders too concentrated in the same companies. He said demand for computing power is running well ahead of supply, while sites, permits, chips and power are harder to secure. Gray pointed to Meta, Google and Oracle raising equity, and to SpaceX and Anthropic going public, as signs of the shift. Other finance leaders at the summit warned that total AI spending could reach enormous levels and that markets could face a correction.

Blackstone President Jon Gray said at a Hong Kong investment summit on Tuesday that technology companies will need to raise more equity to fund the artificial intelligence buildout, as debt alone leaves lenders too concentrated in the same companies. He said demand for computing power is running well ahead of supply, while sites, permits, chips and power are harder to secure. Gray pointed to Meta, Google and Oracle raising equity, and to SpaceX and Anthropic going public, as signs of the shift. Other finance leaders at the summit warned that total AI spending could reach enormous levels and that markets could face a correction.

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