Wall Street giants like Blackstone, KKR, and BlackRock are pouring hundreds of billions into AI data centers, creating concerns of "oversupply" and a bubble (Maureen Farrell/New York Times)

Maureen Farrell / New York Times: Wall Street giants like Blackstone, KKR, and BlackRock are pouring hundreds of billions into AI data centers, creating concerns of “oversupply” and a bubble  —  Private equity firms like Blackstone are using their clients' money to buy and build data centers to fuel the artificial intelligence boom.

Jun 2, 2025 - 14:20
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Wall Street giants like Blackstone, KKR, and BlackRock are pouring hundreds of billions into AI data centers, creating concerns of "oversupply" and a bubble (Maureen Farrell/New York Times)

Maureen Farrell / New York Times:
Wall Street giants like Blackstone, KKR, and BlackRock are pouring hundreds of billions into AI data centers, creating concerns of “oversupply” and a bubble  —  Private equity firms like Blackstone are using their clients' money to buy and build data centers to fuel the artificial intelligence boom.