Blackstone president Jon Gray calls for more equity to fund AI buildout

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Blackstone President Jon Gray said on November 3, 2026, that AI infrastructure needs more equity financing as debt investors face concentration risks amid massive spending plans, CNBC Top News reported. Gray's comments point to growing concern about how heavily the AI buildout relies on borrowed money. The report did not give specific figures for the planned spending.

Sources:CNBC Top News

1 outlet · 1 article · first seen Nov 3, 7:00 AM ET

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Blackstone president calls for more equity to fund AI buildout as debt risks mount CNBC Top News