Blackstone’s Jas Khaira says fears over AI-buildout debt are overblown

Blackstone is heavily investing in AI infrastructure and frontier AI startups through its Blackstone N1 unit, offering large loans and equity to data centers and neoclouds like CoreWeave and Crux AI. The firm leverages its $1.3 trillion assets to finance AI compute needs, distinguishing itself from traditional venture capital by focusing on flexible capital structures and compute ownership.