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Major tech companies will invest $1tr in AI digital infrastructure by 2028, says Blackstone boss

Blackstone, whose market cap currently stands at US$127 billion, has already made significant strides in this sector, privatising the QTS’ data centre business for US$10 billion in 2021 in one of the largest transactions in the sector to date.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

July 31, 2023 | 12:01 AM BST

Major tech companies will invest $1tr in AI digital infrastructure by 2028, says Blackstone boss

Jon Gray, President and Chief Operating Officer of Blackstone. Source: Blackstone

The Tech Capital

The world's largest alternative investment firm Blackstone (NYSE: BX) is eyeing the massive funding needs of more than US$1,000,000,000 in digital infrastructure over the next five years.

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João Marques Lima

Founder and Editor, The Tech Capital

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