Blackstone's Jon Gray Rebuts AI Bubble Warnings, Calls Demand 'Parabolic'

Blackstone President Jon Gray rejected the idea of an AI bubble and described demand as "parabolic." His remarks came days after billionaire Ken Griffin said investors are "almost certainly" in one.

• Blackstone's Gray disagrees that the AI market is a bubble
• He described AI demand as "parabolic"
• Ken Griffin earlier said investors are "almost certainly" in a bubble