Blackstone forms BXN1 unit for AI investment as growth chief departs
Updated
Updated · The Information · Apr 29
Blackstone forms BXN1 unit for AI investment as growth chief departs
10 articles · Updated · The Information · Apr 29
Jas Khaira, head of Americas for tactical opportunities, will relocate to San Francisco to oversee BXN1, while Jon Korngold exits the firm.
BXN1 consolidates Blackstone's growth equity business and will focus on AI-related investments, including stakes in Anthropic, OpenAI, CoreWeave, and global data center assets.
Blackstone is also in talks with Anthropic and other private equity firms to create an AI-focused joint venture to distribute Claude’s technology to portfolio companies.
Will regulators block Blackstone’s plan to embed Anthropic’s AI across its vast corporate portfolio?
How will Anthropic's Pentagon dispute affect its valuation and Blackstone's billion-dollar stake?
Is Blackstone’s AI infrastructure play a genius move or a highly leveraged bubble waiting to pop?
Who will win the AI gold rush: model creators or infrastructure kings like Blackstone?
Can Blackstone power its massive AI data center expansion without overwhelming global energy grids?
How will sovereign AI compute programs challenge the dominance of private infrastructure giants?