🚀 Business & Startups🌐 Global
Blackstone Profits Jump 26% as AI Bets and Portfolio Exits Pay Off
mint - companies·Friday, 24 July 2026
Blackstone reported a 26% jump in distributable earnings for the second quarter, driven by profits from asset exits and its investments in artificial intelligence-related businesses. The results signal growing confidence among large private equity firms in AI as a financial bet.
Why It Matters
Blackstone is one of the largest investors in Indian real estate and infrastructure. Strong global earnings could mean more capital flowing toward emerging markets, including India.
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