Blackstone Group May Invest €4 Billion to Build Data Center in Germany

Deep News01-16

According to a report citing sources, the American private equity giant Blackstone Group LP could invest up to 40 billion euros (approximately $46.5 billion) to construct a data center in Lippetal, Germany.

In December of last year, Blackstone Group LP President Jon Gray stated that despite significant capital flowing into the hardware sector that supports artificial intelligence development, he still sees promising investment opportunities in the data center field.

Gray remarked at the time, "Surprisingly, even with the massive influx of capital into data centers, it remains an attractive investment area due to constraints on power supply."

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