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The Latest Breaking News from Blackstone

Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-up

Apollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chips and networking. The initial phase adds one gigawatt of capacity, enough for many homes. This infrastructure will be deployed at Fluidstack-operated sites from mid-2026. The partnership aims to provide over…

The Economic Times

Stephen Schwarzman’s grandfather inspired the Blackstone billionaire’s philanthropy: It was ‘his privilege to help others in need’

Stephen Schwarzman’s grandfather inspired the Blackstone billionaire’s philanthropy: It was ‘his privilege to help others in need’

Blackstone billionaire Stephen Schwarzman has given over $1 billion to charity. He credits his grandfather—and now plans a top-10 AI-focused foundation.

Apollo wraps up $35 billion debt to buy AI chips for Anthropic

Apollo wraps up $35 billion debt to buy AI chips for Anthropic

The package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center construction and the chips they use. Tech companies are tapping every corner of the credit markets to meet AI’s unprecedented capital demands, forcing Wall Street to engineer novel debt…

The Economic Times

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Blackstone-backed AirTrunk to invest $30 billion in India, develop 5 GW data centre capacity by 2030

AirTrunk plans a massive investment of over 3 lakh crore rupees in India by 2030. This will develop more than 5 gigawatts of digital infrastructure capacity. The investment, backed by Blackstone and CPPIB, aims to support India's growing cloud and artificial intelligence needs. This significant development is expected to create…

The Economic Times

Blackstone private credit fund caps withdrawals as redemption requests surge

After investors sought to pull out 10% of shares in the second-quarter tender offer, compared to 7.9% in the previous quarter, the $79 billion Blackstone Private Credit Fund limited withdrawals to 5%, the customary limit for these vehicles.

The Economic Times

Apogee Therapeutics Readies Zumi for Phase 3 With Blackstone Backing

Apogee Therapeutics (NASDAQ:APGE) executives said the company is preparing to move its lead drug candidate, zumilokibart, into Phase 3 testing later this year after reporting Phase 2b data in atopic dermatitis and securing a major financing agreement with Blackstone. Speaking at a Jefferies-hosted

Despite his hectic schedule, Cisco CEO Chuck Robbins says he’s ‘the most responsive person in the company’—and looks for the same trait in new hires

Cisco CEO Chuck Robbins prides himself on his rapid-fire replies, and looks to hire talent who are just as driven as him: “I try to set that pace for people.”

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Could a Chinese investment giant be the future owner of Leica?

Could a Chinese investment giant be the future owner of Leica?

Leica’s US$1.2 billion sale story may be bigger than we first thought,

Digital Camera World

Aldi's tabletop gas grill is a gamechanger for small gardens – at only £40, it's the perfect way to dine alfresco on a budget this summer

Aldi's tabletop gas grill is a gamechanger for small gardens – at only £40, it's the perfect way to dine alfresco on a budget this summer

This compact gas griddle will fit into any size garden

Blackstone Stock: Is BX Underperforming the Financial Sector?

Blackstone Stock: Is BX Underperforming the Financial Sector?

Despite Blackstone's underperformance relative to the financial sector over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Anthropic Set To Raise Additional $30 Billion For $900 Billion Valuation: Report

Anthropic Set To Raise Additional $30 Billion For $900 Billion Valuation: Report

Anthropic is set to close a new round of funding, which could exceed $30 billion, according to a new report.

International Business Times

Legal & General Group Touts £5B Returns, Streamlined Strategy at AGM

Legal & General Group (LON:LGEN) used its 2026 annual general meeting to highlight progress on its strategy to become a “simpler, growing, and better-connected” business, while also marking major leadership changes at the board and executive level. Chair Sir John Kingman, presiding over his fin

Reese Witherspoon Asked Hollywood One Question — The Answers Angered Her So Much She Built a $900M Company

Reese Witherspoon Asked Hollywood One Question — The Answers Angered Her So Much She Built a $900M Company

Reese Witherspoon challenged Hollywood stigma with Hello Sunshine, a £710M media company championing female-led stories and redefining representation in film and television.

International Business Times UK

Blackstone pledges entire Mphasis stake to refinance loan

Blackstone pledges entire Mphasis stake to refinance loan

Singapore-based promoter entity BCP Topco IX Pvt Ltd, a Blackstone subsidiary, has pledged its holding to refinance its existing loan, with a fresh facility of up to $550 million from a consortium of global lenders.

The Economic Times

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AI Consolidation Begins: Blackstone & Google Forge an AI Empire

The Blackstone-Google joint venture is reshaping the AI cloud landscape, creating a new paradigm for institutional investment in core infrastructure.

The Economic Times

CCI okays Blackstone, other investors' proposal to acquire stake in AI firm Neysa Networks

India's competition regulator CCI has approved a deal. Blackstone-backed funds and other investors will acquire a stake in Neysa Networks. This AI acceleration cloud provider recently raised $1.2 billion. Neysa is set to scale up its operations. The company plans to deploy over 20,000 GPUs in India. This move supports…

The Economic Times

Google, Blackstone plan AI cloud venture with $5 billion backing: WSJ

Google and Blackstone are reportedly planning to launch a new AI cloud company, with Blackstone contributing $5 billion in equity for a majority stake. The venture will leverage Google's specialised AI chips, hardware, software, and services. Long-time Google executive Benjamin Treynor Sloss is slated to lead the new US-based company.

As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In

Broadcom is surging, and now, private credit behemoths are reportedly in talks to extend funding. See the potential implications of a massive debt deal.

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'No one was coming to save me': How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn't fix

The actress built Hello Sunshine after Hollywood told her there were no female-led movies to make. Six years later, she sold it for $900 million.

Magnum Ice Cream Company Surges on Takeover Speculation. What to Know.

Magnum stock is soaring on reports that Blackstone and CD&R are interested in a buyout. But does that warrant buying MICC shares? Let’s find out!

The Economic Times

Blackstone, CD&R explore bids for Ben & Jerry's owner Magnum

Private equity firms Blackstone and CD&R are exploring bids for Magnum Ice Cream Company. Magnum was recently spun out of Unilever. The firms are monitoring Magnum's share price before making a decision. Magnum could offer a turnaround opportunity for buyout firms. Magnum holds a significant share of the global ice…

The Economic Times

Blackstone raises $1.75 bn in data centre REIT IPO

Blackstone has successfully raised $1.75 billion through its initial public offering for a new trust focused on artificial intelligence infrastructure. This significant funding underscores strong investor interest in data centers driven by the AI boom. The trust plans to acquire established data centers valued between $250 million and $1.5 billion.

Blackstone COO Jon Gray predicts ‘huge boom’ in blue-collar jobs—his own data center company is hiring 30,000 new roles

As AI threatens office jobs, Blackstone’s COO says it’s also creating thousands of high-paying trades jobs.

Blackstone Has a New Data Center REIT. Its BXDC IPO Might Be a Little Too Late.

BXDC starts trading on May 14.

The Economic Times

India crowns Meta AI; More layoffs hit tech

India is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.

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