The plan joins a host of other multi-billion-dollar AI data center deals.

June 24, 2026

The investment giant is ramping up its already large AI spending -- with its sights now set on Japan.

Blackstone president and CEO Jonathan Gray told Japanese media outlet Nikkei that it is setting aside $30 billion for AI data centers in the country in the next three to five years.

The company intends to develop facilities exceeding 1 gigawatt in capacity, more than double its current combined capacity of 500 megawatts.