A Blackstone Inc.-led investor group agreed to acquire a stake in LNG Canada’s liquefaction business from a Mitsubishi Corp. subsidiary for $3.1 billion.

QTS, a data-center operator backed by Blackstone Inc., is looking to raise around $800 million through a private placement of debt, as Wall Street looks to every corner of global credit to finance artificial intelligence infrastructure.

Blackstone Inc. President Jon Gray said investors don’t need to fear that the boom in AI will turn into a bubble, just days after billionaire Ken Griffin said he fears the industry was “almost certainly” headed in that direction.

Blackstone Inc. reported a drop in third-quarter income as higher interest rates subdued dealmaking, with the money the firm deployed reaching a low for this year.

Saudi Arabia has postponed its flagship conference to next year following continuing attacks by the Houthis, in a significant blow to the kingdom’s ambitions of positioning itself as a hub for business and attracting foreign capital to fund a multitrillion-dollar economic rejig.

KKR & Co.-backed venture capital firm Catalio Capital Management is seeking to raise $500 million to back AI healthcare startups, its second fundraise in 16 months, according to people familiar with the matter.

The rush to finance AI is rattling investors in the more than $10 trillion US corporate market, sparking a repricing of risks around some of the biggest technology companies that’s showing up in spiking prices for credit insurance, heightened volatility and weakening performance.

Broadcom Inc., fresh off the launch of a $60 billion debt financing to help fund Anthropic PBC’s artificial intelligence build-out, is already sketching out plans for its next blockbuster deal.

Not content with the standard carried interest as they seek to hang onto their most prized investments, some private equity firms are now demanding “super carry.”

Anthropic PBC is set to meet prospective investors on Oct. 14 in preparation for its initial public offering, according to people familiar with the matter, advancing its plan for a potential blockbuster listing even amid scrutiny over AI safety.

If there was any doubt that Jon Gray is now the center of gravity at Blackstone Inc., the past few weeks have erased it.

Blackstone Inc. is launching a private-markets fund for retail clients outside the US, as alternative money managers jockey to court investors worldwide beyond large institutions.

A group of 10 banks is providing a $22 billion chip loan to support Blackstone Inc. and Alphabet Inc.’s new cloud venture Crux AI, the latest mega-debt deal in the race to finance the expensive processors crucial to artificial intelligence.

Blackstone Inc. is seeking to raise at least $8 billion for its private credit fund focused on renewables and digital infrastructure investments, according to people familiar with the matter.

Some of the world’s biggest investors are pushing money managers to fork over more information on their AI-related holdings, as investment firms including Apollo Global Management Inc. and Blackstone Inc. plow billions of dollars into the technology.

Alphabet Inc. and Blackstone Inc.’s new cloud venture has hit delays for major data-center locations that were supposed to run Google’s chips, underscoring the obstacles standing in the way of Big Tech’s AI ambitions.

Broadcom Inc. is in talks with a group of lenders to raise more than $60 billion in debt for an AI chip financing deal that will benefit Anthropic PBC and other companies, according to people with knowledge of the matter.

The University of California system sold $1 billion of private equity stakes to HarbourVest Partners, according to people familiar with the matter.

Lightspeed Venture Partners is seeking about $600 million in a secondary process to extend its ownership of OpenAI and four other assets, as well as a new commitment to Anthropic PBC, according to people familiar with the matter.

Blackstone Inc.’s publicly traded private credit fund reduced its net asset value by the most in six years during the second quarter, a move that it said was driven more by markdowns across its portfolio than a pickup in non-paying loans.