10 AI News Updates Making Headlines Right Now

4. 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, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The investment firm has sought to strengthen its long-term prospects by pursuing investments in the artificial intelligence race. Consequently, it currently owns $80 billion worth of leased data centers.

On January 30th, the alternative asset management firm reiterated that low-cost artificial intelligence models from China will not undermine its massive investments in data centers. The remarks came on the heels of DeepSeek rattling the sector by showing that it is possible to come up with AI models at the lowest cost possible.  Likewise, Blackstone remains optimistic that it will be the biggest beneficiary of the AI boom as increasing adoption leads to higher demand for data centers it currently owns.