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.

BusinessPersonal Finance

Goldman Sachs Acquires Industry Ventures in $7 Billion VC Deal

Goldman Sachs has agreed to acquire Industry Ventures, a $7 billion venture capital firm, in a strategic move to bolster its alternatives investment platform. The deal includes $665 million in cash and equity with potential additional payments based on performance through 2030. The acquisition expands Goldman’s capabilities in identifying and investing in startups for wealthy clients.

Goldman Sachs has announced its agreement to acquire Industry Ventures, a prominent venture capital firm managing $7 billion in assets, in a strategic move that significantly expands the investment bank’s alternatives platform. The acquisition, valued at $665 million in cash and equity with potential additional payments of up to $300 million based on performance metrics through 2030, represents a major consolidation in the venture capital landscape and strengthens Goldman’s position in technology investing.

Strategic Rationale Behind the Acquisition

BusinessPersonal Finance

DATCOs Must Pivot To Active Diversified Strategies To Survive Market Volatility

DATCOs managing $135 billion in assets face structural weaknesses in passive accumulation models. Recent market volatility highlights the urgent need for active diversified strategies combining yield generation and capital efficiency.

Digital Asset Treasury Companies (DATCOs) must pivot to active diversified strategies to survive increasing market volatility and structural weaknesses in passive accumulation models. With total DATCO assets reaching $135 billion by the end of September 2025 according to recent analysis, the limitations of unidirectional equity-raising and crypto-buying approaches have become dangerously apparent during recent market shocks.

The Structural Vulnerabilities of Passive DATCO Models