Exxon Mobil is building a natural gas power plant and implementing carbon capture technology to power AI data centers.

Meta, Microsoft and Blackstone executives say DeepSeek's advancements in AI training won't impact data center demand — at least not yet.

It’s been three years since Blackstone’s last big move in Manhattan’s office market. In 2022, the company acquired a 49 ...

Blackstone said on Thursday its massive investments in data centers would not be undermined by the low-cost artificial ...

The announcement of DeepSeek's R1 model led to significant market reactions, with notable declines in tech stocks, including ...

More companies are paying up when they sell debt to protect their credit ratings and preserve their flexibility down the road. The weak pace of loan growth is a worry, particularly for regional ...

Bank of America Securities analyst Craig Siegenthaler reiterated a Buy rating on Blackstone Group (BX – Research Report) today and set a price ...

The alternative investment giant may be on the verge of its first New York office building transaction in nearly three years.

Blackstone Inc. (NYSE: BX) reported fourth-quarter earnings that surpassed Wall Street estimates, showcasing the alternative asset manager’s strong financial performance. The company posted ...

Net income for the quarter totaled $1.3 billion, or $0.92 per share, in a 1,120% increase from $109 million a year earlier.

Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost ...

The firm is sticking with the strategy, which includes backing data centers, after it drove near-record earnings.