Blackstone creates new AI investment unit led by Jas Khaira

Blackstone has created a new unit called Blackstone N1 to focus on artificial intelligence and technology investments. The announcement came in an internal memo from CEO Stephen Schwarzman and President Jon Gray in 2026. Jas Khaira will lead the unit as global head. He has moved from New York to San Francisco for the role and will also continue running Tactical Opportunities for the Americas. The new unit brings together AI investments from several parts of the business, including its private equity and growth divisions. Blackstone already holds stakes in companies like OpenAI, Anthropic, and CoreWeave. It also owns the largest data center business in the United States. The firm used a similar approach to organise its credit investments in 2023.