Browsing Tag
Blackstone
51 posts
Blackstone-Google Crux AI lines up $22bn loan for TPU cloud expansion
A group of banks is providing roughly $22 billion of financing to Crux AI, the Blackstone-Google cloud venture built around Google Tensor Processing Units, according to reporting attributed by Reuters to Bloomberg.
Blackstone (NYSE: BX) buy Flow Control Holdings in fresh AI cooling infrastructure bet
Blackstone is acquiring Flow Control Holdings from Audax Private Equity as rising AI computing density makes liquid cooling infrastructure increasingly critical to data-centre expansion.
NVIDIA forecasts first $100bn quarter as Data Center revenue surges 117%
NVIDIA Q2 revenue doubled to $96.2B as Data Center sales hit $89B and Q3 guidance reached a record $108B.
Databricks hits $190bn valuation as Lakebase and AI agent strategy expand
Databricks has closed $5 billion of strategic financing at a $190 billion valuation after surpassing a $7 billion revenue run-rate. The financing strengthens its push into AI agents, databases and enterprise applications, but the valuation now assumes Databricks can turn exceptional growth into a much broader software platform without sacrificing its positive cash-flow profile.
Cyera targets AI agent access risk with $1bn Oasis Security acquisition
Cyera’s $1 billion Oasis Security deal combines data protection with AI agent identity controls as cybersecurity platforms race to govern autonomous access.
Quantum Systems raises $1.2bn as Europe’s drone war economy accelerates
Quantum Systems’ $1.2 billion Series D gives the German autonomous-systems company fresh capital to scale drone production across allied markets, deepen its Airbus partnership and compete for Europe’s next-generation defence budgets.
Furoscix ReadyFlow approval triggers $45m bill as MannKind Corporation raises fresh capital
MannKind Corporation wins Furoscix ReadyFlow approval and raises $50 million as a $45 million acquisition payment reshapes the outlook.
Project Peregrine: Kuwait Petroleum seals $16bn pipeline pact with Blackstone, Brookfield, KKR
Kuwait's $16 billion Project Peregrine hands Blackstone, Brookfield and KKR a 49% stake and ties their return to a 2035 target of 4 million barrels a day.
Why Future Standard handed its $94bn platform to former BlackRock executive Edwin Conway
Future Standard has appointed former BlackRock and Blackstone executive Edwin Conway as chief executive officer, while co-founder Michael Forman becomes full-time executive chairman. The transition gives Conway responsibility for converting the alternative asset manager’s acquisitions, new funds and international expansion into a more integrated global platform.
NKT completes $6bn Champlain Hudson Power Express transmission project
NKT completes the $6 billion Champlain Hudson Power Express, bringing 1.25 GW of Québec hydropower to New York City. Explore the wider grid impact in depth.