HONG KONG, Nov 3 (Reuters) – Blackstone President Jon Gray said on Tuesday there would be more global equity fundraising needed to keep up with the enormous likely demand from the AI industry’s growth.
Gray, speaking at the Hong Kong Monetary Authority’s Global Financial Leaders’ Investment Summit, said most of the major tech companies were expected to raise more capital.
(Reporting by Kane Wu in Hong Kong; Writing by Scott Murdoch; Editing by Thomas Derpinghaus)
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