Blackstone's Jon Gray says AI buildout needs more equity as lender risks grow
AIBlackstone president Jon Gray said Tuesday that the AI infrastructure buildout will need more equity financing as lenders become increasingly exposed to the companies driving it. Pimco CEO Emmanuel Roman warned that AI financing could prove "too much" for markets, citing about $550 billion in AI debt issued so far this year and an estimated $10 trillion in AI-related capital spending over five years.
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CNBC · Technology · cnbc.comPublished · added here
Original title: Blackstone president calls for more equity to fund AI buildout as debt risks mount