Inside Blackstone

Ramp Co-Founder and Co-CEO Eric Glyman on AI Adoption, Jobs, and Token Spend

More than 85,000 companies use Ramp to manage their business spend, giving it a unique view into where corporate dollars are actually going. Co-founder and co-CEO Eric Glyman shares what that data reveals about AI, including where AI spending is taking off and why the companies using it most are hiring more, not less. He also explains why he bets on "spiky" people, how Ramp made spend management cool, and more. More from Inside Blackstone: ⁠⁠⁠YouTube⁠⁠⁠ ⁠⁠⁠Apple Podcasts ⁠⁠⁠ Find our guest: Ramp: ⁠https://www.linkedin.com/company/ramp/⁠ Eric Glyman: ⁠https://www.linkedin.com/in/eglyman/⁠ Follow Blackstone: Instagram @blackstone | X @blackstone | LinkedIn @blackstoneinc This recording is not an offer or sale of any security or investment product. Past performance does not predict future returns, and there is no assurance that any fund or investment will achieve its objectives or avoid significant losses. This recording may include forward-looking statements, which are uncertain and may differ from actual results materially. We do not undertake any duty to update these statements. For a discussion of some of the factors that could affect results, please see the Risk Factors section of our 10-K. All information discussed is as of the date of this recording, unless otherwise indicated. Notes: 1) Overall growth reflects Blackstone proprietary Q3 2026 data as of October 14, 2026, from 77 PE operating companies; sector growth reflects data from 10 PE operating companies in energy and 8 PE operating companies in industrials. Excludes select public investments, select FIG investments, certain new investments, investments where YoY growth rates are not comparable due to divestitures and certain other companies for which timely forecasts are unavailable. 2) Refers to increase in monthly spending by equity-owned portfolio companies with two leading LLM companies. 3) Reflects Blackstone proprietary data for Q3 2026, from 149 portfolio companies with a presence in North America where Blackstone's ownership stake is above 10%. Excludes certain joint ventures, energy projects, companies with limited information rights, certain new investments, and certain acquisition and divestiture activities. 

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Axios Co-Founders Jim VandeHei and Mike Allen on the 2026 Midterms, AI, and Simplifying Your Life

Axios co-founders Jim VandeHei and Mike Allen share their take on the 2026 midterm elections, the future of news and AI in the workplace. They also discuss how they built one of the most influential media companies of the last decade and lessons from their new book, Simplify: Do 50% More with 50% Less. Check out Jon Gray's Market Views on YouTube for his quarterly take on the macro: https://www.youtube.com/watch?v=iFQsenYnVt0. From Blackstone, the world's largest alternative asset manager. More from Inside Blackstone: ⁠⁠YouTube⁠⁠ ⁠⁠Apple Podcasts ⁠⁠ Find our guest: @Axios: https://www.linkedin.com/company/axios-media/ Axios C-Suite Newsletter: https://www.axios.com/newsletters/c-suite Jim VandeHei: https://www.linkedin.com/in/jimvandehei/ Mike Allen: https://www.linkedin.com/in/mike-allen-axios/ Follow Blackstone: Instagram @blackstone | X @blackstone | LinkedIn @blackstoneinc This recording is not an offer or sale of any security or investment product. Past performance does not predict future returns, and there is no assurance that any fund or investment will achieve its objectives or avoid significant losses. This recording may include forward-looking statements, which are uncertain and may differ from actual results materially. We do not undertake any duty to update these statements. For a discussion of some of the factors that could affect results, please see the Risk Factors section of our 10-K. All information discussed is as of the date of this recording, unless otherwise indicated.

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Moderna’s Dr. Stephen Hoge on AI and the Future of Healthcare

On Inside Blackstone, host Christine Anderson sits down with Moderna President Dr. Stephen Hoge. He explains how mRNA works and how an algorithm helped Moderna design its COVID vaccine in about an hour. He also shares where AI is accelerating drug discovery and where the real-world limits remain. He walks through how Moderna makes an individualized cancer treatment for a single patient, and what investors may be overlooking in biotech. From Blackstone, the world’s largest alternative asset manager. More from Inside Blackstone: ⁠⁠YouTube⁠⁠ ⁠⁠Apple Podcasts ⁠⁠ Find our guest: Dr. Stephen Hoge: https://www.linkedin.com/in/stephen-hoge-28b47210/ Moderna: https://www.linkedin.com/company/modernatx/ Follow Blackstone: Instagram @blackstone | X @blackstone | LinkedIn @blackstoneinc For Notes on the Road, follow Winfield Sickles on LinkedIn: https://www.linkedin.com/in/winfield-sickles-blackstone/ This recording is not an offer or sale of any security or investment product. Past performance does not predict future returns, and there is no assurance that any fund or investment will achieve its objectives or avoid significant losses. This recording may include forward-looking statements, which are uncertain and may differ from actual results materially. We do not undertake any duty to update these statements. For a discussion of some of the factors that could affect results, please see the Risk Factors section of our 10-K. All information discussed is as of the date of this recording, unless otherwise indicated.

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SoftBank CEO Masayoshi Son: Superintelligence, AI Investing, and the Future of Robotics

On Inside Blackstone, host Christine Anderson sits down with SoftBank founder and CEO Masayoshi “Masa” Son. He explains why he believes AI will soon be 10,000 times smarter than people, and why he thinks that’s good news. He also shares why slowing down AI development is the wrong answer and why SoftBank invests across chips, data centers, and robotics. And he reveals the simple rule behind his advice for investors, about thinking long and thinking big. Then, Christine is joined by a very special guest for the Debrief. From Blackstone, the world’s largest alternative asset manager. More from Inside Blackstone: ⁠⁠YouTube⁠⁠ ⁠⁠Apple Podcasts ⁠⁠ Find our guest: Masayoshi Son: X @masason SoftBank: LinkedIn @softbankgroup | X @SoftBank_Group Follow Blackstone: Instagram @blackstone | X @blackstone | LinkedIn @blackstoneinc This recording is not an offer or sale of any security or investment product. Past performance does not predict future returns, and there is no assurance that any fund or investment will achieve its objectives or avoid significant losses. This recording may include forward-looking statements, which are uncertain and may differ from actual results materially. We do not undertake any duty to update these statements. For a discussion of some of the factors that could affect results, please see the Risk Factors section of our 10-K. All information discussed is as of the date of this recording, unless otherwise indicated.

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The RealReal CEO Rati Sahi Levesque: Resale, Robots, and the New Luxury Consumer

On Inside Blackstone, host Christine Anderson sits down with The RealReal CEO Rati Sahi Levesque on why most young shoppers now check the resale price before they buy anything new, how robots and AI authentication changed the economics of selling one-of-a-kind items, what agentic shopping means for e-commerce, and what her data says about the health of today’s consumer. From Blackstone, the world’s largest alternative asset manager. More from Inside Blackstone: ⁠⁠YouTube⁠⁠ ⁠⁠Apple Podcasts ⁠⁠ Find our guest: Rati Sahi Levesque: linkedin.com/in/rati-sahi-levesque-782b824 The RealReal: @therealreal | linkedin.com/company/the-realreal Follow Blackstone: Instagram @blackstone | X @blackstone | LinkedIn @blackstoneinc This recording is not an offer or sale of any security or investment product. Past performance does not predict future returns, and there is no assurance that any fund or investment will achieve its objectives or avoid significant losses. This recording may include forward-looking statements, which are uncertain and may differ from actual results materially. We do not undertake any duty to update these statements. For a discussion of some of the factors that could affect results, please see the Risk Factors section of our 10-K. All information discussed is as of the date of this recording, unless otherwise indicated.

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Former Google CEO Eric Schmidt: The Road to Superintelligence

On Inside Blackstone, host Christine Anderson sits down with Relativity Space CEO & former Google CEO Eric Schmidt on the AI data center build-out, what he thinks about Silicon Valley’s timeline for superintelligence, what it takes to be an AI-native CEO, and explains why deep reasoning should be the #1 thing that young people study today. From Blackstone, the world’s largest alternative asset manager. More from Inside Blackstone: ⁠YouTube⁠ ⁠Apple Podcasts ⁠ Find our guest Eric Schmidt: linkedin.com/in/ericschmidt Relativity Space: @relativityspace | linkedkin.com/company/relativityspace Follow Blackstone: Instagram @blackstone | X @blackstone | LinkedIn @blackstoneinc Notes: Annualized Anthropic Run-Rate Spend 4:32 - Represents aggregate annualized monthly revenue of Anthropic from 815 customers, including certain Blackstone portfolio companies, GP Stakes portfolio companies and BXCI borrowers. This recording is not an offer or sale of any security or investment product. Past performance does not predict future returns, and there is no assurance that any fund or investment will achieve its objectives or avoid significant losses. This recording may include forward-looking statements, which are uncertain and may differ from actual results materially. We do not undertake any duty to update these statements. For a discussion of some of the factors that could affect results, please see the Risk Factors section of our 10-K. All information discussed is as of the date of this recording, unless otherwise indicated.

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Goldman Sachs President & COO John Waldron: Rooting for the English Majors

On Inside Blackstone, host Christine Anderson sits down with Goldman Sachs President and COO John Waldron on the year AI productivity shows up in the numbers, financing the compute build-out, and what an apprenticeship culture looks like when machines handle the “toil.” From Blackstone, the world’s largest alternative asset manager. More from Inside Blackstone: ⁠YouTube⁠ ⁠Apple Podcasts ⁠ Find our guest: ⁠John Waldron⁠ | @GoldmanSachs Follow Blackstone: Instagram @blackstone | X @blackstone | LinkedIn @blackstoneinc This recording is not an offer or sale of any security or investment product. Past performance does not predict future returns, and there is no assurance that any fund or investment will achieve its objectives or avoid significant losses. This recording may include forward-looking statements, which are uncertain and may differ from actual results materially. We do not undertake any duty to update these statements. For a discussion of some of the factors that could affect results, please see the Risk Factors section of our 10-K. All information discussed is as of the date of this recording, unless otherwise indicated.

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WHOOP Founder Will Ahmed: The Body as Data, Sleep Science & the Future of Healthcare

On Inside Blackstone, host Christine Anderson sits down with WHOOP founder and CEO Will Ahmed on building a screenless wearable against Apple and Fitbit, why sleep is the closest thing we have to a magic pill, the impacts of AI on healthspan, and why data, not algorithms, decides the future of healthcare. From Blackstone, the world’s largest alternative asset manager. This recording is not an offer or sale of any security or investment product. Past performance does not predict future returns, and there is no assurance that any fund or investment will achieve its objectives or avoid significant losses. This recording may include forward-looking statements, which are uncertain and may differ from actual results materially. We do not undertake any duty to update these statements. For a discussion of some of the factors that could affect results, please see the Risk Factors section of our 10-K. All information discussed is as of the date of this recording, unless otherwise indicated.

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Introducing Inside Blackstone

The headlines tell you what happened. Inside Blackstone helps you see what may be coming next. Host Christine Anderson brings you inside our walls to share the signals we're seeing across our portfolio—trends in business, technology, and AI—and our conversations with the people shaping the future. Think of it as your weekly fix on what’s moving financial markets. No jargon, just a unique read on the real economy. Our goal is to leave you smarter, sharper and better prepared—and perhaps have a little fun along the way.