Blackstone CEO Schwarzman Collected $896.7 Million Last Year https://t.co/0cwCPeFf0I
Blackstone CEO Steve Schwarzman took home $896.7 million last year, a 30% drop from a year earlier https://t.co/WI45PxS7Si
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In a series of developments highlighting his involvement in the tech industry, Blackstone CEO Steve Schwarzman has emerged as a significant figure in artificial intelligence (AI) advocacy and funding. A chance encounter in 2015 catalyzed Schwarzman's interest in AI, leading him to become one of its most substantial backers, particularly in the realms of education and research. Schwarzman, a septuagenarian private-equity billionaire, has committed over $500M+ to AI initiatives, marking him as possibly the biggest individual funder in this sector. His contributions aim to bolster AI education and research, reflecting his belief in the technology's potential to drive future growth. Additionally, Schwarzman's financial achievements were highlighted, with reports stating he earned $896.7 million last year, despite a 30% decrease from the previous year. His concerns about the misuse of AI technology, particularly by criminals, have also been noted, underscoring the complexity of his engagement with the AI landscape.






