Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls. By Maureen Farrell The Chinese A.I. start-up ...

Distributable EPS came in at $1.69 in Q4, surpassing analyst estimates of $1.47. Blackstone's net income surged 364% to $704 million from $152 million in the previous year. Assets under management ...

NEW YORK, Jan 30 (Reuters) - Blackstone (BX.N), opens new tab is in talks to buy a sizeable stake in a New York City 50-story office building from institutional investors of JPMorgan Asset ...

The Blackstone train continues to power through the highest reaches of American finance, and it’s being fueled by commercial real estate. During a fourth-quarter earnings call Thursday, Stephen ...

NEW YORK (AP) — NEW YORK (AP) — Blackstone Inc. (BX) on Thursday reported fourth-quarter profit of $703.9 million. The New York-based company said it had net income of 92 cents per share.

Blackstone has amassed more than $US80bn ($128.5bn) worth of leased data centres, and took over AirTrunk last year, as it has been “prudently” increasing its ...

Updates at 8:47 AM ET to reflect Blackstone's announcement of the deal in headline and first paragraph. Adds Blackstone executive comment in fifth paragraph. DDN, which operates a platform to make ...

Don't miss out on the headlines from Business. Followed categories will be added to My News. Blackstone has amassed more than $US80bn ($128.5bn) worth of leased data ...

(Bloomberg) -- Blackstone Inc. is elevating two key executives at its private equity arm. Joe Baratta, the longtime face of Blackstone’s signature buyout fund, will oversee private equity ...

(Bloomberg) -- Blackstone Inc. is betting individuals will turn the firm into a bigger force in roads, ports and data centers. The alternative asset manager gathered more than $1 billion for a new ...

Street Talk understands mid-market private equity firms are girding their loins to bid for Blackstone’s ACCC-ordered divestment of Adelaide’s CMAX Clinical Research, which offers 78 patient ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Blackstone-led investor group is buying a majority stake in US accounting firm Citrin Cooperman ...