Blackstone to Lead $600M AI Investment in Neysa (NEYS)

Blackstone Inc. (BLACK) will lead an up to $600 million equity investment in Neysa, an Indian AI cloud startup (NEYS), alongside a sought $600 million in debt financing. The funds will support deploying over 20,000 GPUs in India for AI training and high-performance computing. The investment coincides with the India AI Impact Summit (February 16, 2026), where industry leaders and investors will discuss AI growth and showcase local ventures. Ganesh Mani, a senior managing director at Blackstone’s private equity division, said the investment will strengthen AI infrastructure and expand access for businesses and public institutions. Other consortium members include Teachers’ Venture Growth, TVS Capital, 360 ONE, and Nexus. Blackstone previously made AI-related investments in QTS, AirTrunk, CoreWeave Inc., and Firmus. DC Advisory advised Neysa; KPMG, Trilegal, and Gibson & Dunn advised Blackstone; and Talwar Thakore & Associates provided legal counsel to Neysa.