Blackstone’s Jon Gray says AI infrastructure needs more equity financing
Photo: Crypto Briefing
The Blackstone president warns that lenders are piling up concentration risk as the AI buildout's capital demands keep climbing The AI boom has a financing problem, and one of Wall Street’s biggest dealmakers is saying it out loud. Blackstone President Jon Gray said Tuesday that the artificial intelligence infrastructure buildout will need more equity financing, because lenders are becoming too exposed to the companies doing the building. When the firm that just helped arrange part of a $63 billion AI financing package says debt alone can’t carry the load, the market tends to listen.
Source: Crypto Briefing
