Global Tensions Not Slowing Capital: Blackstone's Nides

• US-China leaders' meeting is largely orchestrated, focusing on trade, Iran, and AI, with outcomes likely predetermined.
• Despite 'tariff diplomacy' and geopolitical noise, global capital continues to be raised and deployed, with significant investment opportunities in Canada.
• Blackstone is actively investing in energy, infrastructure, AI, and defense tech, viewing data centers as job creators despite local anxieties.
• Nides advocates for 'guardrails' around AI development, believing smart people will ensure safe and productive technological advancements.

Tom Nides of Blackstone discusses how global tensions, including US-China trade disputes and political backlashes against data centers, are not hindering capital deployment. He emphasizes Blackstone's continued global investment strategy, highlighting opportunities in Canada, AI, and infrastructure, despite geopolitical 'noise' and low expectations for immediate breakthroughs from high-level meetings.