Blackstone is planning to invest $30bn into AI-focused data centre infrastructure in Japan over the next three to five years, according to a report by Nikkei citing comments from the firm’s president and chief operating officer Jonathan Gray.
The alternative asset manager is reportedly in discussions to develop facilities with capacity exceeding 1GW in the country, reflecting growing investor appetite for digital infrastructure linked to artificial intelligence demand.
Blackstone also reportedly intends to accelerate its private equity activity in Japan alongside the data centre buildout.
The firm recently closed its latest Asia private equity fund at $13.1bn, exceeding its original target and marking the firm’s largest private equity fundraise in the region to date.