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Blackstone President Rejects AI Bubble Talk, Says Demand Is Growing at a 'Parabolic' Pace

IT之家 News on October 22: According to Bloomberg today, Blackstone President Jon Gray spoke out, rebutting billionaire Ken Griffin's remarks from a few days ago that AI is a bubble.

IT之家 News on October 22: According to Bloomberg today, Blackstone President Jon Gray spoke out, rebutting billionaire Ken Griffin's remarks from a few days ago that AI is a bubble.

Gray said: "When it comes to a bubble, you think of building capacity first and then hoping demand shows up. But in artificial intelligence, you're building capacity while hoping you can keep up with demand."

IT之家 noted that the president also believes thatToday's AI demand is a "completely different situation" from phenomena such as the telecom bubble of the 90s of the last century. Referring to Ode, the AI advisory company jointly established by Blackstone and Anthropic, he said: "We simply can't keep up with client demand, which is growing at a near-parabolic pace."

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