Jon Gray, president and chief operating officer at Blackstone, said on the firm's podcast aired July 30 that investor impatience about AI returns is 'a little misplaced,' arguing that applications tak…
Blackstone Inc. reported a 26% jump in distributable earnings to $1.97 billion for the second quarter, beating analysts' estimates of $1.66 billion, driven by profits from exits and artificial intelli…
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…
Jon and Mindy Gray donated $55 million to create the Basser Cancer Interception Institute at the University of Pennsylvania, which will use artificial intelligence and biomarkers to detect and interce…
Blackstone and Guggenheim are reducing software loan allocations in new collateralized loan obligations due to concerns that artificial intelligence will disrupt the business models of software compan…