Blackstone to Invest $30B in Japan AI Data Centers, Calls Bubble Debate 'Overblown'
Nikkei Asia·medium signal
Blackstone President Jonathan Gray told Nikkei the firm will invest $30B in Japanese AI data centers over three to five years, having already built 500+ MW and now eyeing projects exceeding 1 GW of combined capacity. Gray argued the risk of under-building compute outweighs AI-bubble concerns, citing Japan's grid reliability and proximity to Asian enterprise customers. It is one of the largest AI-infrastructure commitments announced to date in Asia-Pacific.