As reported by CNBC, Stephen Schwarzman, the CEO of Blackstone Group, recently shot down the idea that there's a 'bubble' forming in the realm of AI data centers. He explained that Blackstone's investment in building data centers and the associated power facilities, coupled with signing long - term leases with credit - worthy companies such as Nvidia, essentially positions the firm as an infrastructure provider. Schwarzman stressed that this isn't a business of the bubble - type; instead, it's an exceptionally conservative industrial investment.
