Blackstone Stories

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Blackstone stories

Colovore secures USD $925m for AI data centre growth in US

Colovore secures USD $925 million debt facility from Blackstone to expand liquid-cooled AI data centres from 10MW to 50MW across US cities including Reno, Chicago, and Austin.

By Kaleah Salmon • 3 min read • Fri, 16th May 2025

Global Stories

Blackstone stories

Document Management

Anthropic backs AI services venture with Blackstone

A shortage of AI implementation talent is pushing mid-sized companies to seek help embedding Claude into operations, as Anthropic and backers launch a new venture.

By Mark Tarre • 4 min read • Last week

Virtualisation

Rafay & Argentum AI strike software orchestration deal

It will let Argentum manage separate customer software stacks from one control plane as demand for GPU-backed AI infrastructure surges.

By Catherine Knowles • 4 min read • Last month

Hyperscale

Argentum AI picks Rafay for GPU software orchestration

The tie-up will let Argentum AI manage separate GPU software environments for each customer from one control plane, easing scaling as demand rises.

By Sofiah Nichole Salivio • 4 min read • Last month

Software-as-a-Service

OpenAI raises USD $122 billion in record AI funding

Investor appetite for AI remains intense as OpenAI's new cash haul lifts its valuation to USD $852 billion and deepens its compute push.

By Mark Tarre • 4 min read • Last month

Artificial Intelligence

BlackRock tops APAC fund brand ranking for fifth year

Growing demand for passive funds and alternatives has helped the biggest global managers retain selector confidence despite volatile APAC markets.

By Karen Joy Bacudo • 4 min read • Last month

Hyperscale

AirTrunk opens new Singapore base for Asia AI growth

AirTrunk opens new Singapore HQ to anchor Asia AI and cloud growth, expanding staff and green data centre investment across the region.

By Sean Mitchell • 4 min read • Mon, 16th Mar 2026

Fintech

DC Advisory hires Oliver Parker to lead London tech M&A

DC Advisory has hired Oliver Parker as London Managing Director in its Technology & Software team, boosting senior software M&A firepower.

By Sofiah Nichole Salivio • 4 min read • Tue, 3rd Mar 2026

Hyperscale

Firmus inks multi-year Nvidia AI factory deal in Melbourne

Firmus secures multi-year deal to host about 18,400 Nvidia GB300 GPUs in Melbourne, marking a major step for Australia's AI factory ambitions.

By Catherine Knowles • 3 min read • Mon, 2nd Mar 2026

Data Analytics

Anthropic raises USD $30 billion, hits USD $380b value

Anthropic raises USD $30bn in new backing, lifting the AI group's valuation to USD $380bn as demand for its Claude models surges.

By Karen Joy Bacudo • 4 min read • Mon, 16th Feb 2026

Digital Transformation

AirTrunk to invest AUD $5bn in new Melbourne AI campus

AirTrunk will pour AUD $5bn into a second Melbourne hyperscale campus, boosting its local AI and cloud data capacity beyond 630MW.

By Sean Mitchell • 4 min read • Wed, 24th Dec 2025

Data Analytics

Databricks raises USD $4bn, valued at USD $134bn

Databricks secures over USD $4bn in fresh funding, lifting its valuation to USD $134bn as demand for AI data infrastructure surges.

By Sean Mitchell • 4 min read • Wed, 17th Dec 2025

Hyperscale

Michael Juniper joins HMC Digital Infrastructure to boost data centres

Michael Juniper has joined HMC Digital Infrastructure as a director to enhance DigiCo's growth and operational capabilities across Australia and international markets.

By Melvin Hipolito • 4 min read • Thu, 11th Sep 2025

Hyperscale

AirTrunk secures AUD $16 billion in largest APJ green financing

AirTrunk has secured AUD $16 billion in the largest sustainability-linked refinancing in APJ, supporting green data centres and social impact initiatives.

By Kaleah Salmon • 3 min read • Wed, 27th Aug 2025

Digital Transformation

VFS Global turns to SAP for AI-powered mobility solutions

VFS Global partners with SAP to develop AI-driven digital solutions, enhancing cross-border mobility and citizen services globally for 69 governments.

By Melania Watson • 3 min read • Tue, 6th May 2025

Firewalls

NetFoundry gains USD $12 million funding for secure networking

NetFoundry has raised USD $12 million in venture capital led by SYN Ventures, advancing its military-grade software-defined secure networking platform.

By Sean Mitchell • 3 min read • Tue, 29th Apr 2025