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Blackstone commits $5 billion to a joint venture with Google to develop and rent AI-optimized data center capacity using Google's custom Tensor Processing Units instead of Nvidia chips.
Google partners with Blackstone to launch a $25bn AI infrastructure venture offering TPU-based compute services, competing with neocloud providers and capitalizing on massive demand for AI data cente…
Blackstone invests $5 billion in a Google AI data center venture to commercialize Google's TPU chips, challenging Nvidia's GPU dominance and expanding AI infrastructure capacity.
Alphabet and Blackstone launched a joint venture to build an AI cloud company leveraging Google's TPU chips. Blackstone commits $5 billion with 500 megawatts capacity planned for 2027.
Google and Blackstone announced a joint venture AI cloud company offering on-demand compute capacity and TPUs, competing with CoreWeave and Nebius. GOOGL stock jumped 1% overnight ahead of Google I/O.