ChipsThe story, in brief
Blackstone Extends the Data Center Buying Spree
49% stake. That's what Blackstone just bought of Rowan Digital Infrastructure as the AI compute scramble drives red-hot data center M&A.
The KeyNews take
Why it matters
Major private equity is still aggressively acquiring data center assets despite broader tech deal slowdown, signaling sustained confidence in AI infrastructure demand and potential supply constraints ahead.
The key facts
5 to knowBlackstone acquiring 49% stake in Rowan Digital Infrastructure
Rowan Digital is 5-year-old Denver-based data center developer
AI-driven compute demand fueling data center acquisitions
Overall technology deals slowed in Q1
Blackstone is world's largest alternative asset manager
Go to the source
The Informationtheinformation.com
Publisher excerpt: The AI-driven scramble for compute is still powering red-hot data center acquisitions even as overall technology deals slowed in the first quarter this year. In the latest example, Blackstone, the world’s largest alternative asset manager, agreed to acquire a 49% stake in Rowan Digital…