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Blackstone President Jon Gray on AI Investment Returns
BusinessBusiness Insider14d ago

Blackstone President Jon Gray on AI Investment Returns

Jonathan Gray, president of Blackstone, stated that it will take time for artificial intelligence applications to demonstrate their full returns on investment. Blackstone has significant investments across the AI ecosystem.

Here's how private credit bosses are defending their software bets as markets scrutinize Blue Owl
BusinessBusiness Insider5mo ago

Here's how private credit bosses are defending their software bets as markets scrutinize Blue Owl

Apollo CEO Marc Rowan, Ares CEO Michael Arougheti, and Blackstone President Jon Gray PATRICK T. FALLON/AFP via Getty Images/ Mike Blake/REUTERS/ Vernon Yuen for NurPhoto via Getty Images The software-apocalypse is hitting private credit, putting the biggest players on defense. Following concerns over Blue Owl's software exposure, other leaders are talking up their portfolios. Execs like Marc Rowan and Jon Gray defended their portfolios against software risk this week. Months of concern over...