Blackstone CEO: A 2015 Bus Ride With Jack Ma Made His Firm the World's Largest Data Center Owner

pstAsiatech · x · 2026-10-25

Blackstone CEO Stephen Schwarzman explains how his firm became the world's largest data center owner, giving it a window into all six hyperscalers. He traces it to a 2015 bus ride in China with Alibaba's Jack Ma, who predicted AI would be the most consequential technological change — a claim MIT's then-head reinforced by saying "Jack's underselling this."

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