AI Fund Flows

Blackstone: AI deals, investors and valuation

🇺🇸 United States · Market cap $147.5B · BX · listed
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As of Nov 9, 2026, Blackstone has 4 AI deals of $1B+ in this database: it pays $26B and receives $0M (net −$26B). It ranks #32 of 198 companies by number of deals.

Pays / invests
$26B
Receives
$0M
Net
−$26B
Deals
4

Value over time

Listed companies: month-end market cap. Private: latest round valuation. Dots are deals.
Valuation history
  • January 2025$218.7B
  • April 2025$162.6B
  • July 2025$213.5B
  • October 2025$181B
  • January 2026$175.8B
  • April 2026$155B
  • July 2026$157.7B
  • October 2026$146.3B
  • November 2026$147.5B

Receives from

$0M

—

Pays to

$26B
🇦🇺 Firmus$10B · 38%
Anthropic$9B · 35%
Google$5B · 19%
Oracle$2B · 8%

Loops it is part of

No closed loop found for this company.

All Blackstone deals

Oct 26, 2026Funds & debtreported$9B
Blackstone → Anthropic · $9 billion of the junior tranche at 10%

In the roughly $60 billion package to finance 1.5 GW of Google TPUs for Anthropic, Blackstone funds take $9 billion of the junior tranche with a 10% coupon.

May 19, 2026Investmentannounced$5B
Blackstone → Google · $5 billion equity; up to $25 billion with leverage

Blackstone puts in about $5 billion of equity in a joint venture with Google that will deliver 500 MW of data centers by 2027 and sell compute on Google TPUs; up to $25 billion including debt.

Apr 27, 2026Investmentclosed$2B
Blackstone → Oracle · about $2 billion of equity (reported)

Blackstone funds put in about $2 billion of equity, alongside Related Digital, in Oracle's Stargate data center in Michigan.

Feb 9, 2026Funds & debtclosed$10B
Blackstone → 🇦🇺 Firmus · $10B debt package led with Coatue

Australia's Firmus closed a $10B debt package led by Blackstone and Coatue for the next phase of Project Southgate, its AI factories with CDC and Nvidia (up to 1.6 GW).

Questions and answers

Who are Blackstone's biggest investors and payers?

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How much has Blackstone invested or spent on AI deals?

$26B across 4 deals, the largest with Firmus.

How much is Blackstone worth?

Market cap: $147.5B (Nov 9, 2026).

Is Blackstone part of a circular deal?

No closed loop found for this company.

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