Alphabet (GOOGL) reportedly in discussions with Blackstone (BX) and KKR (KKR) to provide access to Google's AI models for their portfolio companies

This report indicates that Alphabet is exploring partnerships with Blackstone and KKR to leverage its AI models for their portfolio companies, which could enhance service offerings and competitive positioning in the asset management space. If finalized, this could not only add to Alphabet’s revenue streams but also set a precedent for further collaborations in the burgeoning AI sector, positively impacting market sentiment toward these firms. Overall, this aligns well with the current trend of integrating AI technologies across industries and could lead to comparable moves by competitors.