Blackstone Backs Google, Nvidia, Broadcom and Anthropic in Sweeping AI Compute Financing Push

Blackstone has made compute — not algorithms or data — the centerpiece of its artificial-intelligence strategy, channeling tens of billions of dollars into financing arrangements that now touch Google, Nvidia, Broadcom and Anthropic. The New York-based alternative-asset manager, which oversees roughly $1.3 trillion, is betting that processing power will remain the scarcest input in the AI buildout for years to come, and it is positioning itself across nearly every link of the compute supply chain to profit from that shortage.