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Blackstone’s Gray Bets on Electricity, Defense, Life Sciences

This story is from 2026-10-13. It is preserved in the archive; the latest stories are on the live feed.

Blackstone Inc.’s President Jon Gray said the firm plans to maintain heavy exposure to electricity, defense, and life sciences, arguing that artificial intelligence’s expansion from desktop computing into the physical world will drive sustained power demand for decades.

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  1. 2026-10-13 04:36 · Bloomberg AI
    Blackstone’s Gray Bets on Electricity, Defense, Life Sciences

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