BLACKSTONE JAS KHAIRA SAYS FEARS OVER AI - BUILDOUT DEBT ARE OVERBLOWN

What happened: Blackstone's Jas Khaira said at TechCrunch Disrupt that fears over AI buildout debt are overblown, citing the firm's compute financing, data center lending, and AI investments through its Blackstone N1 hub. Key numbers: Blackstone has $1.3 trillion in assets under management. Why it matters: Khaira attributed market jitters to higher interest rates, hotter inflation, and wider credit spreads, and said the debt does not resemble shaky 2008 bank credits because most data centers are built for hyperscalers. He said AI returns are real but uneven.

Blackstone's Jas Khaira said at TechCrunch Disrupt that fears over AI buildout debt are overblown, citing the firm's compute financing, data center lending, and AI investments through its Blackstone N1 hub.

Khaira attributed market jitters to higher interest rates, hotter inflation, and wider credit spreads, and said the debt does not resemble shaky 2008 bank credits because most data centers are built for hyperscalers. He said AI returns are real but uneven.