Blackstone Invests $5 Billion in New Neocloud Partnership with Google

Blackstone Invests $5 Billion in New Neocloud Partnership with Google

The weather forecast in Silicon Valley? Cloudy with a chance of chip sales, heavy at times. Shares of neocloud companies Coreweave and Nebius dipped 3.8% and 1%, respectively, on Tuesday after Google and Blackstone announced a neocloud joint venture of their own. The JV will employ Google’s very own in-house chips, making it not just a shot at the neocloud firms serving spillover AI compute demand, but also at Nvidia. Head in the Clouds Taking o…

Blackstone and Google form AI infrastructure JV to scale TPU cloud capacity

Blackstone Inc has entered into a strategic joint venture with Google Cloud to develop a new US-based AI infrastructure company focused on delivering compute-as-a-service powered by Tensor Processing Units (TPUs). The venture will combine dedicated data centre capacity, operations and networking infrastructure with Google’s proprietary TPU technology, expanding access to high-performance compute beyond Google Cloud’s existing platform. TPUs are …

Blackstone invests $5bn in AI infrastructure powered by Google tensor processing units

Blackstone, the world’s largest private owner of data centres, is investing $5 billion (€4.3 billion) together with Google in a new AI infrastructure company. The as-yet-unnamed venture will use Google’s tensor processing units (TPUs), specialised chips designed for AI computations, to deliver substantial computing power. Blackstone aims to bring 500 MW of computing capacity online [… The post Blackstone invests $5bn in AI infrastructure powered…

Google and Blackstone launch AI cloud venture to expand data centre capacity

Google and Blackstone have announced a new artificial intelligence cloud infrastructure venture aimed at meeting surging global demand for AI computing services and data centre capacity. The partnership will see Blackstone commit an initial $5 billion in equity funding to help bring 500 megawatts of data centre capacity online by 2027, with further expansion planned […] The post Google and Blackstone launch AI cloud venture to expand data centre…

Digest: Musk Loses OpenAI Case; Google and Blackstone Launch AI Cloud Venture

In today’s Digest, we cover Musk losing the OpenAI trial after a two-hour verdict, Google and Blackstone launching an AI cloud venture, and HBO Max debuting podcast content in Europe. The post Digest: Musk Loses OpenAI Case; Google and Blackstone Launch AI Cloud Venture appeared first on ExchangeWire.com.

Google, Blackstone to Create AI Cloud Firm

Google, Blackstone to Create AI Cloud Firm Source: Youtube