Venture Capital

Blackstone and Brookfield

Blackstone and Brookfield Are Building Their Own AI Tools. Is Proptech in Trouble?

Some of the largest names in commercial real estate are no longer content to just buy proptech software. Blackstone and Brookfield have each backed multibillion-dollar joint ventures this year built to develop artificial intelligence tools in-house, rather than licensing them from independent startups. The shift raises an obvious question for the proptech industry that has […]
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