Blackstone (BX) is preparing to invest $30 billion in AI data centers in Japan within the next three to five years, Nikkei Asia reported Tuesday, citing an interview with Chief Operating Officer Jonathan Gray.
The risk of underproducing computing resources surpasses concerns about an AI bubble, Gray said, according to the report.
Blackstone is in talks to build facilities surpassing a capacity of 1 gigawatt, the report said.
Blackstone did not immediately reply to a request for comment from.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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