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Blackstone Leans on Texas Power and Data Centers to Weather Q3 Rate Shock

November 8, 20263 Mins read1
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data center and AI
Photo by Brecht Corbeel on Unsplash
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Blackstone's third-quarter earnings call made Texas the physical backbone of its artificial intelligence strategy, from the Lancium-powered Stargate campus in Abilene to a data center leasing pipeline the firm expects to triple this year, even as soaring interest rates dented returns in its opportunistic real estate funds.

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