Blackstone Inc. (BX) Confident in $80B Data Center Investments Amid AI Industry Shifts

Full Article
Blackstone Inc. (BX) Confident in $80B Data Center Investments Amid AI Industry Shifts

Blackstone Inc. is making significant investments in data centers, totaling $80 billion, as the AI industry evolves. The rising interest in AI is driven by easier access to training data, affordable computing power, and a variety of AI solutions available to organizations. A recent McKinsey report indicates that 65% of organizations are now utilizing generative AI, reflecting a booming market projected to reach $1.3 trillion by 2030.

AI's impact extends beyond traditional tech companies, influencing various sectors through partnerships that enhance value creation. Salesforce, Inc. is at the forefront, integrating AI into its customer relationship management solutions and forming strategic partnerships to advance AI capabilities. The collaboration with HCLTech aims to accelerate the adoption of AI-driven virtual agents, showcasing the transformative potential of AI in business.

• AI market projected to reach $1.3 trillion by 2030.

• Salesforce integrates AI into its customer relationship management solutions.

Key AI Terms Mentioned in this Article

Generative AI

Generative AI refers to algorithms that can create new content, such as text or images, based on training data.

Machine Learning

Machine Learning is a subset of AI that enables systems to learn from data and improve over time without explicit programming.

AI-Enabled Virtual Agents

AI-Enabled Virtual Agents are software programs that use AI to interact with users, providing automated responses and assistance.

Companies Mentioned in this Article

Blackstone

Blackstone is investing heavily in data centers to support the growing AI industry and its infrastructure needs.

Salesforce

Salesforce integrates AI into its platforms, enhancing customer relationship management and driving innovation in business solutions.

Get Email Alerts for AI News

By creating an email alert, you agree to AIleap's Terms of Service and Privacy Policy. You can pause or unsubscribe from email alerts at any time.

Latest Articles

Alphabet's AI drug discovery platform Isomorphic Labs raises $600M from Thrive
TechCrunch 6month

Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600

AI In Education - Up-level Your Teaching With AI By Cloning Yourself
Forbes 6month

How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.

Trump's Third Term - How AI Can Help To Overthrow The US Government
Forbes 6month

Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.

Sam Altman Says OpenAI Will Release an 'Open Weight' AI Model This Summer
Wired 6month

Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.

Popular Topics