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Blackstone’s Gray Bets on Electricity, Defense, Life Sciences

Source: Bloomberg

Artificial IntelligenceEnergy Markets & PricesInfrastructure & DefenseHealthcare & BiotechCorporate Guidance & Outlook

Blackstone President Jon Gray said the firm plans to maintain heavy exposure to electricity, defense, and life sciences. He argued that AI’s expansion into the physical world will sustain power demand for decades; no specific investment amounts or market reaction were reported.

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