Blackstone President Jon Gray stated that the development of AI infrastructure is currently the most significant driver for the company, highlighting the gap between global demand for computing power and its available supply. This demand has spurred increased investments in AI-related data centers and power facilities, underscoring a broader trend where the AI revolution encourages a shift towards hard assets such as infrastructure and real estate.

Jon Gray: Jon Gray is the President and Chief Operating Officer of Blackstone, overseeing its key business operations. In recent earnings discussions, he emphasized AI infrastructure as powering strong investor results and the firm’s overall performance. He anticipates 2026 as the best year ever for Blackstone’s stock listings, driven by AI momentum.
Blackstone: Blackstone is the world’s largest alternative asset manager specializing in private equity, real estate, infrastructure, and credit investments. President Jon Gray recently stated that the build-out of AI infrastructure is the single-biggest driver for the firm right now, as global demand for computing power outstrips supply. This focus positions Blackstone favorably amid the shift toward hard assets in the AI revolution.

Asset Shift: The AI revolution is prompting a move toward hard assets such as infrastructure and real estate.
IPO Outlook: Asset managers like Blackstone foresee a major year for IPOs fueled by AI developments.
AI Infrastructure Demand: Global demand for computing power surpasses available supply, accelerating investments in AI-related data centers and power facilities.