Blackstone Group CEO Su Shimin downplayed concerns about the data center bubble, saying the business was extremely conservative. In an interview with CNBC on Thursday, Su Shimin said that Kuroishi's role is as a supplier providing direct services to health companies. He said the company built data centers and signed long-term leases with reputable partners such as Nvidia. Su Shimin said, “This is not that kind of bubble business. It's extremely conservative.” Blackstone is one of the world's largest data center operator owners. The company, which manages $1.2 trillion in alternative assets, includes QTS, the largest data center landlord in North America, and AirTrunk, an Australian data center operator.

Blackstone Group CEO Su Shimin downplayed concerns about the data center bubble, saying the business was extremely conservative. In an interview with CNBC on Thursday, Su Shimin said that Kuroishi's role is as a supplier providing direct services to health companies. He said the company built data centers and signed long-term leases with reputable partners such as Nvidia. Su Shimin said, “This is not that kind of bubble business. It's extremely conservative.” Blackstone is one of the world's largest data center operator owners. The company, which manages $1.2 trillion in alternative assets, includes QTS, the largest data center landlord in North America, and AirTrunk, an Australian data center operator.