AI Business
6d ago
Blackstone and KKR Discuss AI Collaboration with Google for Portfolio Companies
May 5, 2026
AI Summary
Blackstone and KKR are negotiating with Google to provide their portfolio firms access to the company's AI models. This initiative follows recent partnerships between AI firms and alternative asset managers aimed at creating new revenue streams for private equity-backed companies.
- Blackstone Inc. and KKR & Co. are in discussions with Alphabet Inc. regarding access to Google's AI models for their portfolio companies.
- These talks are occurring amid recent agreements between OpenAI and Anthropic PBC with alternative asset managers to establish AI consultancies.
- The aim is to leverage AI technology to generate new revenue sources for private equity-backed firms.
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