(HedgeCo.Net) Blackstone is leaning harder into the AI trade—not as a public-markets theme, but as a private-capital building block. The headline development is Blackstone boosting its stake in Anthropic to roughly $1 billion (including an additional investment reported at about $200 million), signaling that the firm increasingly views frontier AI exposure as both a strategic asset and a commercial bridge into the next era of enterprise spend.
What’s happening
Large alternative managers h...
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