The firm has recently touted its data center investments amid the artificial intelligence boom.
Blackstone's push into data centers comes with its own set of challenges and questions.
"You might not own apartment buildings in 10 years, but the largest data center company in the world."
Meghji said in the company's video that interest from data center users in QTS data centers had doubled "since ChatGPT came out."
Gerber said he had recently discussed data center investments with Blackstone representatives and has confidence in the strategy.
Persons:
Blackstone, —, Glenn Schorr, Schorr, outflows, Stephen Tuckwood, Tuckwood, Jonathan Gray, Gray, Jeenah, Chad Williams, BREIT, they're, Patrick Davitt, QTS, Nadeem Meghji, Meghji, ChatGPT, Matthew Barakat, Prince William County, redemptions, Selwyn Gerber, Gerber, Matt Malone
Organizations:
Blackstone, Income Trust, QTS Realty Trust, Evercore, Wealth Management, Reuters, Autonomous Research, Blackstone Infrastructure Partners, McKinsey, AP, Starwood, MSCI's, Los, RVW, Opto Investments, FS Investments
Locations:
California, BREIT, QTS, Americas, CBRE, Manassas , Virginia, Prince William, Virginia, Brookfield, Los Angeles, Bellagio, Las Vegas