Feb 23, 2024
Blackstone's CEO Donates Billion-Dollar Boost
Blackstone’s CEO, an unexpected advocate, is catalyzing AI progress with a billion-dollar donation for education and research. Stephen Schwarzman's interest ignited during a 2015 encounter with Jack Ma in Beijing, leading to a $350 million gift to MIT's Schwarzman College of Computing. His influence extends globally, with a substantial grant to Oxford University, emphasizing AI ethics. Schwarzman actively champions AI in Washington and finance, reflecting a visionary commitment to transformative technology and its integration within Blackstone.