Blackstone reaffirms big bet on AI data centers
Blackstone holds firm on data center investments despite DeepSeek turmoil
Blackstone said on Thursday its massive investments in data centers would not be undermined by the low-cost artificial intelligence models from China's DeepSeek, as the need for physical infrastructure was still vital for AI.
While training has been the focus, inference is where AI's value is realized. Training clusters need large amounts of power.
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The announcement comes as Meta CEO Mark Zuckerberg maintains the company’s ambitious AI strategy, which will require hefty capital investments in data centers. © 2024 TechCrunch. All rights reserved.
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