Private equity giant Blackstone is putting itself at the center of the AI boom, firm veteran Jas Khaira discussed last week on stage at TechCrunch Disrupt. It is writing checks via various strategies, ranging from offering massive loans to data centers to investing in frontier AI models and applications. Earlier this year, the firm launched
A horror story in eight words: Private equity just invested in my favorite BLANK. “PE ruins everything” is a well-worn trope, but it’s not unearned. Private-equity investors have a history of stripping companies for parts and saddling them with debt, leaving customers wondering what happened to the product they once loved. So it wasn’t surprising
AI models are becoming more capable, but exactly what enterprise adoption will look like remains a big unknown. In a bid to shape that future, labs like Anthropic and OpenAI have created independent companies dedicated to deploying AI engineers in their clients’ offices, a bid to help companies figure out how to use their AI