blackstone

Google and blackstone are joining forces with a 5 billion dollar venture. This new company will build AI data centers. It aims to provide 500 megawatts of power by 2027. Customers will get access to Google's powerful TPUs. This offers more choices for running AI tasks. The venture combines Google's AI technology with blackstone's infrastructure expertise.

While generative AI impacts white-collar jobs, blackstone's Jon Gray highlights a surge in blue-collar employment driven by AI infrastructure investments. Massive spending on data centers is creating lucrative opportunities for skilled trades, though a significant talent shortage looms. Companies are now investing in training initiatives to address this growing demand.

AI giants OpenAI and Anthropic are intensifying their competition by launching new ventures aimed at boosting enterprise AI adoption. Both companies have secured significant funding from major financial institutions to help businesses integrate their AI tools into daily operations. This strategic move prioritizes real-world usage and revenue growth as both firms reportedly explore public listings.

President Trump is leading a delegation of top American CEOs, including Elon Musk and Tim Cook, to Beijing for high-stakes trade talks. The visit aims to secure massive deals, with a potential blockbuster order for Boeing aircraft being a key focus. Notably absent is Nvidia CEO Jensen Huang, as the trip prioritizes agriculture and commercial aviation over high-end semiconductors.

Investment part of broader $730 million round; valuation up 30% since last secondary transaction.

US President Trump expressed optimism for his upcoming visit to China and meeting with President Xi Jinping, anticipating positive outcomes for both nations. Accompanied by prominent business leaders, Trump aims to discuss trade, Iran, tariffs, and AI, seeking to strengthen US economic and national security interests.

Donald Trump has landed in Beijing with 17 American companies in tow, worth a combined $16.47 trillion—roughly 90% of China's entire 2025 GDP. Jensen Huang joined at the last minute, boarding Air Force One in Anchorage. Nvidia and Apple alone account for $9.7 trillion of that, while Meta sent its policy chief after Beijing blocked its $2 billion Manus deal.

JPMorgan Chase CEO Jamie Dimon cautioned that the booming private credit market faces significant challenges when the next credit cycle hits, citing the sector's size and uneven standards. He also highlighted cybersecurity risks, geopolitical instability, and potential inflationary pressures as key concerns for the global economy.

IPL teams’ sharply rising valuations are thanks to a smart business model, upgrade in ownership quality & real earnings potential. Expect another boom if media rights see competition again

A consortium including Aditya Birla Group, The Times of India, Bolt Ventures, and blackstone has agreed to acquire Royal Challengers Bengaluru for $1.78 billion. The deal, subject to regulatory approvals, will see Aryaman Vikram Birla as chairman and Satyan Gajwani as vice-chairman post-IPL 2026. This acquisition makes RCB the most valuable IPL franchise to date.

A consortium including Aditya Birla Group, The Times of India, Bolt Ventures, and blackstone has acquired Royal Challengers Bengaluru (RCB) for $1.78 billion. This landmark deal encompasses both the men's and women's IPL and WPL franchises from United Spirits. Aryaman Vikram Birla will chair the team, with Satyan Gajwani as vice-chairman, following the 2026 IPL season.

Satyan Gajwani is part of the consortium comprising Aditya Birla Group, Times Group, David Blitzer's Bolt Group and American Private Equity firm blackstone, which bought a 100 percent stake in RCB for $1.78 billion (Rs 16,600 crore).

US entrepreneur Kal Somani, backed by the Walton and Hamp families, has secured ownership of the Rajasthan Royals franchise for $1.63 billion. This significant acquisition marks a new chapter for the IPL team.

IIM Ahmedabad's PGP Class of 2026 achieved 100% final placements across 26 cohorts. Consulting firms led hiring, with BCG, McKinsey, and Bain extending numerous offers. The process involved a cluster-cohort system and dream applications. Investment banking, private equity, and technology sectors also saw significant participation, with new recruiters joining the placement cycle.

Former RCB owner Vijay Mallya expressed his emotions following the franchise's record sale, stating it remains in his DNA. He recalled his initial INR 450 crore investment in 2008, which has now grown to an astounding INR 16,600 crore. Mallya highlighted his decision to pick a young Virat Kohli as a significant memory, thanking fans for their unwavering support.

Vijay Mallya's initial purchase of Royal Challengers Bengaluru for $111.6 million was driven by brand promotion, not cricket passion. Now, after an 18-year journey under Diageo's ownership and a name change to Royal Challengers Bengaluru, the franchise has been sold for a staggering $1.78 billion, marking a colossal 1495% value increase.

Richard Bookstaber, a financial analyst and former hedge fund and US Treasury insider who wrote A Demon of Our Own Design, the book that foreshadowed the 2008 financial crisis, warns that today’s financial system is even more fragile. Private credit, AI-driven tech, stock concentration, and geopolitical tensions form a tightly linked network where shocks spread quickly. Unlike past crises, risks now arise from the physical world, energy, semiconductors, and supply chains, beyond the reach of traditional financial tools.

The US has granted a 30-day waiver on Iranian oil shipments currently at sea, aiming to stabilize global energy supplies amid escalating Middle East tensions. This move, intended to inject approximately 140 million barrels into the market, follows similar relaxations on Russian oil. While the US asserts control over revenue, Iran claims no surplus oil is available.

Investors in rupee corporate bonds are waiting to see whether a major Indian shadow lender will repay Rs 125 crore ($18 million) of bond payments due this month, and help avoid a further worsening in sentiment in the nation’s credit markets.

blackstone Group is set to acquire 36% ownership in the tenanted office space portfolio of southern developer Embassy Property Developments for about $230 million (Rs 1,300 crore), said bankers close to the transaction.

Harish Manwani, former top executive of Unilever, has joined investment major blackstone as a global executive advisor.

blackstone along with Salarpuria Sattva is set to acquire Tanglin Developments. Tanglin Developments is the real estate venture of Coffee Day Enterprises (CDE) which is the parent company of Cafe Coffee Day (CCD. The payment by blackstone, once the transaction closes, will be done in multiple tranches.

Leading global investment firm blackstone has invested Rs 1,750 crore in Kishore Biyani led Future group firm Future Lifestyle Fashions Ltd (FLFL). "Funds managed by blackstone have invested Rs 1,750 crore (including by way of debentures) in Ryka Commercial Ventures, the holding company of FLFL," the company said.

The world's largest private equity firm blackstone Group, managing assets worth more than $240 billion, has rejigged the India top brass.