Early Adopters

Since 2015, Blackstone has been building the capabilities needed to capture the AI opportunity. Our Chairman, CEO and Co-Founder Steve Schwarzman recognized AI’s potential early on and made founding donations to Oxford and MIT to create centers devoted to its study. Within the firm, our data science team has developed AI technology that aims to position Blackstone at the forefront of our industry. Hear more from Steve and Blackstone President Jon Gray.

Scale Matters

All AI relies on data – a resource that Blackstone, as the world’s largest alternative asset manager, has in abundance. The volume of private market data in our portfolio equips us to spot trends early and invest when we have conviction.
Infographic that reads "230+ portfolio companies"
Infographic that reads "12,600+ real estate assets"
Infographic that reads "$220 billion+ annual portfolio revenue"
Jon Gray

“AI is going to dramatically change the ways we live and work. As a firm, we’re devoting enormous resources to capturing this opportunity – both to protect investors’ capital and generate higher returns.”

– Jon Gray

Blackstone President and Chief Operating Officer

In the News on AI


AI’s Unlikely Benefactor

February 22, 2024

The Wall Street Journal dives into Blackstone Chairman, CEO, and Co-Founder, Steve Schwarzman’s foresight on AI – from a bus ride in Beijing to one of today’s unlikely champions.


Big insurance companies want more private credit. Here’s how Blackstone is using AI to win them over

February 13, 2024

Blackstone CTO John Stecher explains how Blackstone aims to use AI to give insurance clients an edge.


What generative AI means for private equity

January 19, 2024

Blackstone CIO John Stecher explains why we believe generative AI can enhance private equity dealmaking.

Load More News

San Antonio Express News – January 14, 2024

Blackstone exec talks artificial intelligence, cybersecurity and San Antonio

Blackstone Chief Technology Officer John Stecher discusses how we seek to leverage artificial intelligence to help increase efficiency and optimize performance internally and across our portfolio.

CNBC Squawkbox – August 4, 2023

“Part of Everyone’s Life”

Blackstone Chairman, CEO and Co-Founder Steve Schwarzman discusses why AI is “one of the most exciting developments of a lifetime” and how Blackstone is preparing for the changes it will unleash across the economy.

Bloomberg – June 30, 2023

Blackstone Has been Focusing on AI

Blackstone Chief Financial Officer Michael Chae shares why we believe AI will further the advantages of private market investing.

Bloomberg – April 17, 2023

Blackstone Is Using AI to Control Diabetes and Slash Spending on Drugs

Andreas Mang, CEO of Blackstone’s Equity Healthcare, explains how we’re using an AI-powered app designed by startup Twin Health to help portfolio company employees manage diabetes without the use of expensive drugs.

Investing in AI-enablement

We’re investing not only in companies that harness AI, but also in the businesses that enable it.

Spotlight on Data Centers

More data has been created in the past three years than in all of human history combined, driven by cloud adoption, content creation and now AI.1 All this data needs a place to live, creating demand for data centers and opportunity for Blackstone to invest at scale.

Investment Examples

Building Strong Businesses with AI

Our team of data scientists works closely with Blackstone portfolio companies on AI strategy and integration, delivering an estimated $100 million of bottom line impact.2 Portfolio companies can also access our Blackstone Data Science Community and wider network of CEOs, researchers and senior advisors.

Real Estate

Link Logistics

Link Logistics operates the largest portfolio of US-only industrial real estate, giving it access to a wealth of rent data and scale across markets. We partnered with the company in its development of a machine learning model that leverages over 2 billion data points to track unique asset level attributes, leasing trends, market fundamentals, and proximity to key demand drivers to help identify the right buildings in the right locations that are experiencing the strongest tenant demand.
Signature Aviation

Infrastructure & Private Equity

Signature Aviation

We partnered with Signature Aviation to develop a machine learning model that helps field leaders align schedules with dynamically forecasted demand. This has helped enhance customer experience by preventing understaffing on peak days while improving the company’s operational performance.

Note: All figures as of June 30, 2023, unless otherwise indicated.

  1. IDC, as of December 31, 2021. 2021 and 2022 represent year-end estimates.
  2. “Bottom line impact” refers to EBIDTA impact, which is determined by: (i) identifying operational key performance indicators (KPIs) that may benefit from AI, (ii) measuring those KPIs both before and after the implementation of the AI model, and (iii) translating the impact on relevant KPIs to EBITDA. Methodologies for calculating EBIDTA impact vary based on the facts and circumstances associated with participating portfolio companies and are subject to limitations including the amount, nature and quality of available data. While the implementation of AI correlates with an increase in EBITDA among the portfolio companies included, there can be no assurance that such EBITDA increase was not caused by other factors in addition to or in spite of implementation of AI programs.

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