Blackstone has $80 billion invested in leased data centers with some of the world’s biggest companies. Clouds need castles…the acceleration of AI models is exciting but they still need physical infrastructure.

As was mentioned during the Data & AI panel discussion at IPEM Cannes | Wealth 2025, low-cost models could result in faster application development and potentially accelerate low latency demand. Expect things to keep humming along. It’ll certainly be interesting to see how further AI adoption ‘racks’ up demand. One thing’s for sure: fund managers remain steadfastly committed to data centers as competition grows.