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Blackstone's Gray Says AI Infrastructure Is 'Right Place to Be'

Blackstone President Jon Gray says he is positive about the outlook for the artificial intelligence buildout even as the cost of capital rises. "When I look back at this versus other periods of access, like the telecom boom where people built supply ahead of demand, where there was a ton of leverage, this looks and feels very different," Gray tells Yvonne Man on the sidelines of the Bloomberg New Economy Forum in New Delhi. (Source: Bloomberg)