Will's Blog: Wall Street giants like Blackstone, KKR, and BlackRock are pouring hundreds of billions into AI data centers, creating concerns of "oversupply" and a bubble (Maureen Farrell/New York Times)

2 June 2025

Wall Street giants like Blackstone, KKR, and BlackRock are pouring hundreds of billions into AI data centers, creating concerns of "oversupply" and a bubble (Maureen Farrell/New York Times)

Maureen Farrell / New York Times:
Wall Street giants like Blackstone, KKR, and BlackRock are pouring hundreds of billions into AI data centers, creating concerns of “oversupply” and a bubble — Private equity firms like Blackstone are using their clients' money to buy and build data centers to fuel the artificial intelligence boom.

Posted from: this blog via Microsoft Power Automate.