The announcement comes as Meta CEO Mark Zuckerberg maintains the company’s ambitious AI strategy, which will require hefty ...
Exxon Mobil is building a natural gas power plant and implementing carbon capture technology to power AI data centers.
Meta, Microsoft and Blackstone executives say DeepSeek's advancements in AI training won't impact data center demand — at least not yet.
Blackstone said on Thursday its massive investments in data centers would not be undermined by the low-cost artificial ...
Q4 2024 Earnings Call Transcript January 30, 2025 Blackstone Inc. beats earnings expectations. Reported EPS is $1.69, expectations were $1.47. Operator: Good day, and welcome to the Blackstone Fourth ...
Bank of America Securities analyst Craig Siegenthaler reiterated a Buy rating on Blackstone Group (BX – Research Report) today and set a price ...
Revenue rose 10% from a year ago to $9.5 billion. The firm is sticking with the strategy, which includes backing data centers, after it drove near-record earnings. The credit-card company easily beat ...
The alternative investment giant may be on the verge of its first New York office building transaction in nearly three years.
The data center industry has been able to effectively manage increasing demands and ensure sustainable growth. Embracing a holistic approach is key for moving beyond the conventional siloed view and ...
Blackstone Inc. (NYSE: BX) reported fourth-quarter earnings that surpassed Wall Street estimates, showcasing the alternative asset manager’s strong financial performance. The company posted ...
It’s been three years since Blackstone’s last big move in Manhattan’s office market. In 2022, the company acquired a 49 ...
Net income for the quarter totaled $1.3 billion, or $0.92 per share, in a 1,120% increase from $109 million a year earlier.