Blackstone, SoftBank in Talks for Stakes in India's Neysa

Big investment companies called Blackstone and SoftBank are talking about buying parts of a young Indian company named Neysa.

Neysa is building the special computer systems, like giant data centers, that help artificial intelligence (AI) programs work.

These companies are interested because AI is growing very fast, and it needs a lot of powerful computer places.

Blackstone might want to own most of Neysa, while SoftBank might want a smaller piece.

It's still early, and no final decisions have been made.

Neysa has already received some money from other investors and was started by two people in 2023.

The deal could be worth under $300 million.

This is happening because many investors are putting money into data centers to keep up with the demand for AI.