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Blackstone’s Jon Gray pushes back on AI bubble warnings as Griffin sounds the alarm

Blackstone’s Jon Gray pushes back on AI bubble warnings as Griffin sounds the alarm

Photo: Crypto Briefing

The Blackstone president argues demand for computing power still outruns supply, days after Ken Griffin said investors are almost certainly in a bubble Two of Wall Street’s most powerful voices are looking at the same AI boom and seeing very different things. Blackstone President Jon Gray is rejecting the idea that artificial intelligence has become a bubble. His pushback came just days after Citadel founder Ken Griffin said investors are “almost certainly” in the middle of one. Gray’s argument rests on a simple imbalance.

Source: Crypto Briefing

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