Blackstone CEO Stephen Schwarzman said the firm is addressing community concerns around AI development, including workforce, environmental and local economic implications, as opposition to data center…
Blackstone reported Q2 2026 distributable earnings of $1.98 billion, a 26% increase from $1.57 billion a year earlier, as nine of its ten best-performing holdings are tied to artificial intelligence t…
Blackstone reported $2.4 billion in GAAP net income for the second quarter of 2026, up from $1.6 billion a year earlier, with $68.3 billion of inflows and $1.346 trillion in assets under management. C…
Blackstone CEO Stephen Schwarzman said the firm is 'mindful' of 'excessive exuberance' in AI as the company reported Q2 distributable earnings of $2 billion, or $1.52 per share, up 26% from a year ear…
AI chip startup Etched has raised $300 million in a Series C round at a $10 billion pre-money valuation, bringing total funding to $1.1 billion, with $1 billion in pre-orders already secured. The roun…
Blackstone president Jon Gray told Gen Z analysts to think like founders, but a growing number are skipping corporate jobs to start businesses as AI lowers barriers. A GMAC survey found one-third of e…
Forward-deployed engineering is the fastest-growing AI job category, with LinkedIn reporting 42-fold growth from 2023 to 2025 and Indeed showing a 729% increase in postings from April 2025 to April 20…
Anthropic, Blackstone, and Hellman & Friedman launched Ode with Anthropic on July 15, a $1.5 billion enterprise AI services firm with 100 engineers embedded in clients, aiming to solve the 88% failure…
Anthropic, Blackstone, and Hellman & Friedman launched Ode with Anthropic, a $1.5 billion enterprise AI services firm that focuses on implementing AI models inside large companies rather than building…
Anthropic and Blackstone on July 15 launched Ode with Anthropic, a $1.5 billion enterprise AI services company that embeds applied engineers inside large organizations to build and deploy systems powe…
A $16 billion AI data center project backed by OpenAI, Oracle, Blackstone, Related Digital and Walbridge is under construction in Saline Township, Michigan, sparking fierce local opposition over water…
Blackstone-backed data centre operator AirTrunk is targeting a September or October launch for an initial public offering of a Singapore real estate investment trust that could raise about US$1.5 bill…
Anthropic launched Ode, a standalone AI enterprise services firm backed by approximately $1.5 billion in capital from Blackstone, Hellman & Friedman, Goldman Sachs, General Atlantic, Apollo Global Man…
Ode, a joint venture backed by Anthropic, Blackstone, Hellman & Friedman, and Goldman Sachs, is betting that a handful of forward-deployed engineers can replace an army of consultants to help enterpri…
Anthropic, in partnership with Blackstone, Hellman & Friedman, and Goldman Sachs, has launched a new AI enterprise services firm with a $1.5 billion investment. The unnamed entity aims to integrate An…
Anthropic-backed Ode, led by CEO Chris Taylor, launched on May 4 with $1.5 billion in committed capital from Blackstone, Hellman & Friedman, Goldman Sachs, and others, betting that the real value in e…
Anthropic, in collaboration with Blackstone, launched Ode, a new initiative to embed engineers within enterprises and accelerate AI adoption. The move signals a strategic shift toward AI implementatio…
Anthropic and Blackstone have launched Ode, a $1.5-billion AI implementation joint venture that acquires Fractional AI to help enterprises deploy AI, betting that the next trillion-dollar business lie…
CoreWeave signed long-term cloud contracts with Microsoft and OpenAI through 2030 without hedging against memory chip prices, and DRAM prices have since tripled, squeezing margins to roughly 1% on nea…
CoreWeave, the AI-focused cloud infrastructure company that went public in March 2025, is evaluating financial derivatives such as futures contracts to hedge against declining memory and storage chip …