Blackstone's Jon Gray Addresses 700+ Clients | May 2026

At Blackstone’s annual limited partner meeting, President and COO Jon Gray expressed optimism about the global economy despite ongoing geopolitical challenges, noting that markets have historically recovered from crises. Gray highlighted the transformative potential of artificial intelligence infrastructure investment, pointing to five major companies spending approximately $800 billion on AI development. Blackstone is positioning itself to capture AI-related opportunities through new platforms and strategic partnerships with firms including Anthropic and Google.