10 AI News Updates Investors Should Not Miss

5. Blackstone Inc. (NYSE:BX)

Number of Hedge Fund Holders: 50

Blackstone Inc. (NYSE:BX) is an alternative asset management firm specializing in private equity, real estate, hedge fund solutions, equity and multi-asset class strategies. The asset management company is pushing for investment opportunities amid the artificial intelligence revolution. Likewise, on January 25th, the company announced the acquisition of the Potomac Energy Center.

The acquisition of the 774-megawatt natural gas power plant in Virginia positions Blackstone Inc. (NYSE:BX) to be a key supplier of clean energy needed to support data centres and the AI revolution. Consequently, the company is staring at tremendous opportunities, given that Virginia is home to 25% of the US data centre capacity. The Potomac plant is located close to 130 data centres, so Blackstone will surely attract significant deals for power.