Google, Blackstone team up to launch AI cloud venture
Google and Blackstone plan to launch a cloud company using Google's specialized chips, the companies announced. Blackstone will be majority owner of the venture, The Wall Street Journal reports, contributing $5 billion in initial funding. With plans to bring 500 megawatts of capacity online in 2027, the partnership aims to meet surging demand for AI computing power while rivaling CoreWeave and Nvidia. Google announced last month it was developing tensor processing units, or TPUs, designed specifically for inference to enhance model efficiency.
Google and Blackstone plan to launch a new cloud company powered by Google’s specialized chips, the companies announced. Blackstone will be the majority owner of the venture and is contributing $5 billion in initial funding, according to The Wall Street Journal.
The partnership aims to bring 500 megawatts of capacity online in 2027 to meet the surging demand for AI computing power. It will compete directly with companies such as CoreWeave and Nvidia.
Last month, Google announced it was developing new Tensor Processing Units (TPUs) specifically designed for inference to improve model efficiency.
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