Category: AI

AIBusiness

Blackstone President Warns of AI’s ‘Profound’ Industry Disruption Potential

Blackstone President Jonathan Gray has directed investment teams to address AI risks upfront in all memos, calling the technology’s disruptive potential “profound.” The warning comes as investors reportedly focus on bubble concerns while underestimating AI’s capacity to demolish legacy businesses across multiple sectors.

Investment Giant Sounds Alarm on AI Disruption

Blackstone President Jonathan Gray has issued a stark warning about artificial intelligence’s potential to render entire industries obsolete, according to reports from the Financial Times. Speaking at the FT’s Private Capital Summit in London, Gray revealed he has directed the firm’s credit and equity teams to address artificial intelligence implications on the first pages of all investment memos, signaling the technology’s critical importance in risk assessment.

by Bennett Laura
AITechnology

Industry Giants Forge Open Ethernet Alliance to Challenge AI Networking Status Quo

Tech heavyweights including Meta, Nvidia, and Microsoft are collaborating on an open Ethernet standard for AI clusters through the newly announced ESUN project. The initiative aims to challenge InfiniBand’s market dominance while potentially reducing costs and complexity in AI infrastructure.

Open Standards Push for AI Networking

Technology industry leaders are reportedly joining forces to redefine how artificial intelligence clusters communicate, according to recent announcements from the Open Compute Project. The newly formed Ethernet for Scale-Up Networking (ESUN) initiative brings together traditional rivals including Meta, Nvidia, AMD, and Cisco to develop open standards for high-performance Ethernet networking in AI infrastructure.

by Ortega Rafael