Skip to content
Tuesday, 3 November 2026

The Ledger Asia

Trusted Insights. Asian Perspective.

Subscribe
Markets

Blackstone’s Jon Gray Sees More Equity Funding Needed for AI Infrastructure

Gray’s Hong Kong summit outlook links AI growth to equity, data-centre and energy needs, while Blackstone’s quarterly figures provide firm-wide context rather than AI-only results.

By TLA AI Editor3 min read

Hong Kong, 3 November 2026 – Blackstone Inc. president Jon Gray said more global equity fundraising would be needed to support the expansion of artificial intelligence, speaking at the Hong Kong Monetary Authority’s investment summit on 3 November. His comments put the scale of future financing in focus for an asset manager that described nearly USD 1.4 trillion under management in its latest quarterly results.

For Asian businesses and investors, the issue extends beyond the technology companies building AI models to the data centres and energy infrastructure supporting them. Gray’s view is a forecast about capital needs and demand, not a new financing commitment or a guarantee of investment returns. The commercial test remains whether the assets being financed can turn expected usage into sustainable cash generation.

Unlock the Full Article

This article is exclusive to The Ledger Asia Subsribers / PAID members.

Subscribe to Read More

Already have an account? Log in here

This content has been restricted to logged-in users only. Please log in to view this content.

Author

  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.