Blackstone's Jon Gray says AI buildout needs more equity as lender risks grow
Overview
Blackstone president Jon Gray said on Tuesday that the AI infrastructure buildout will need more equity financing as lenders become more exposed to the companies driving it, according to CNBC. Gray said the buildout would be financed through a mix of public markets, banks and private capital, with companies increasingly using structured transactions to limit the debt they take on.
Pimco CEO Emmanuel Roman warned that AI financing could prove "too much" for markets. He cited about $550 billion in AI debt issued so far this year and an estimated $10 trillion in AI-related capital spending over five years.
Written by AI from the articles below · updated Nov 3, 1:47 AM ET
Check the sources:
Article timeline
The articles in this story. Times are ET.
- CNBC · TechnologyNewsBlackstone'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.
Heat Trend
Not enough continuous observations to show a trend yet.