Tag: blackstone
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Banks provide $22 billion chip loan to Blackstone, Alphabet AI cloud venture, source says
Sept 16 : A group of 10 banks is providing a $22 billion chip loan to support Blackstone and Alphabet’s new cloud venture Crux AI, a source familiar with the matter told Reuters on Wednesday. The top banks include Goldman Sachs Group, Sumitomo Mitsui Banking Corp, Barclays, BNP Paribas SA and Bank of Nova Sco
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Banks provide $22 billion chip loan to Blackstone, Alphabet cloud venture, Bloomberg News reports
Sept 16 : A group of 10 banks is providing a $22 billion chip loan to support Blackstone and Alphabet’s new cloud venture Crux AI, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.The banks include Goldman Sachs Group, Sumitomo Mitsui Banking Corp, Barclays, BNP Paribas SA and
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Blackstone beats profit estimates on AI gains as assets hit $1.35 trillion
July 23 : Blackstone’s second-quarter income rose to beat market expectations on Thursday, as the world’s largest alternative asset manager benefited from growing assets under management and reaping profits from a mammoth bet on artificial intelligence.The New York-based company said inflows in the quarter pu
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Blackstone’s quarterly profit gets boost from asset pile, AI investment gains
July 23 : Blackstone, the world’s largest alternative asset manager, reported rising income for the second quarter on Thursday, buoyed by growing assets under management and reaping profit from a mammoth bet on artificial intelligence. The New York-based company said inflows in the quarter pushed total asset
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Blackstone invests in South Korean robotics supplier Futronic
July 20 : Blackstone has invested in Futronic, a supplier of high-precision actuators serving automotive and industrial robotics sectors, the world’s largest alternative asset manager said on Monday. The deal values the South Korean firm at about 1 trillion won ($676.04 million), according to a person with k
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Blackstone plans $30 billion investment in Japan AI data centres, Nikkei reports
June 23 : Blackstone is planning to invest $30 billion in Japan’s AI data centers over the next three to five years, its president and chief operating officer Jonathan Gray told Nikkei in a recent interview, the business daily reported on Tuesday.The world’s largest alternative asset manager is in discussions
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