AI runs on more than algorithms. It runs on power, data centers, chips, skilled labor, and a staggering amount of capital. And the buildout may still be in its early innings.
From employee retraining and compute bottlenecks, to surging demand for electricity, AI is creating ripple effects far beyond Silicon Valley. Private markets could have a front-row seat in financing what comes next.
In episode 29 of The Bridge, iCapital Chief Investment Strategist Sonali Basak sits down with Winfield Sickles, Managing Director, Co-Lead, Private Wealth and Investment Strategy at Blackstone, to unpack where capital could flow as AI moves from adoption to diffusion.
