Finance

Blackstone Forms New Unit for AI and Tech Bets; Korngold to Exit

Blackstone Inc. is folding its growth business into a new West Coast-based division that will focus solely on the alternative investment giant’s artificial intelligence portfolio, which includes OpenAI and Anthropic PBC.

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Bloomberg
April 29, 2026·1 min read
Blackstone Forms New Unit for AI and Tech Bets; Korngold to Exit

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Blackstone Inc. is folding its growth business into a new West Coast-based division that will focus solely on the alternative investment giant’s artificial intelligence portfolio, which includes OpenAI and Anthropic PBC.

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Blackstone Forms New Unit for AI and Tech Bets; Korngold to Exit

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