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Blackstone hedge fund.
AArtificial intelligence

Blackstone’s Jonathan Gray warns investors are underestimating AI’s disruptive power (BX:NYSE)

  • October 19, 2025

Blackstone hedge fund.

Roman Tiraspolsky/iStock Editorial via Getty Images

Blackstone (NYSE:BX) president Jonathan Gray cautioned that investors are overlooking how artificial intelligence could render entire industries obsolete, saying the technology has become a central focus in the firm’s investment reviews, the Financial Times reported Saturday.

Speaking at the Financial

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