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Blackstone President Refutes AI Bubble Theory, Says Demand is Growing 'Parabolically'
2 day ago /
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Author：小编
On October 22, 2026, Jon Gray, President of Blackstone Group, refuted billionaire Ken Griffin's view that there is a bubble in artificial intelligence. Gray pointed out that demand growth in the AI sector is nearly parabolic, with companies struggling to keep up with rapidly increasing demand while building capacity, which is starkly different from the telecom bubble of the 1990s. He cited Ode, an AI consulting company co-founded by Blackstone and Anthropic, as an example, stating that the company simply cannot meet the nearly parabolic growth in customer demand.
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