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US Top News and Analysis | Blackstone to invest $5 billion in AI infrastructure venture with Google, powered by TPU chips

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Blackstone announced a $5 billion equity investment in a new U.S. artificial‑intelligence infrastructure company formed with Google, which will supply its proprietary Tensor Processing Units (TPUs) to power the venture. The partnership aims to bring the first 500 megawatts of compute capacity online by 2027 and plans to scale further, positioning the joint venture as a major supplier of AI‑focused hardware to meet soaring demand and to challenge Nvidia’s dominance in the market. The unnamed company will be led by former Google chief programs officer Benjamin Treynor Sloss, while Blackstone, which manages more than $1.3 trillion in assets, expects the venture to become a key part of the expanding AI ecosystem.

#Blackstone #Google #BenjaminSloss #TPU #BenjaminTreynorSloss

The Bad Place May 20

Times of India | Google, Blackstone announce $5 billion TPU cloud venture to meet AI data centre demand

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Google and Blackstone have launched a $5 billion joint‑venture to create a new U.S. TPU‑cloud company aimed at satisfying the surging demand for AI data‑center capacity. The partnership will bring roughly 500 MW of compute power online by 2027, marrying Google’s custom Tensor Processing Units, software and AI expertise with Blackstone’s massive digital‑infrastructure and energy‑asset portfolio. The venture will offer TPUs as a compute‑as‑a‑service option, giving customers an alternative to Google Cloud for running advanced AI workloads. Blackstone’s Benjamin Treynor Sloss, a long‑time Google infrastructure executive, will serve as CEO, while Google will supply the hardware and related services. Executives from both companies highlighted that the collaboration combines world‑class AI hardware with robust infrastructure resources to meet the “generational” opportunity presented by the accelerating AI market.

#Google #Blackstone #GoogleCloud #BenjaminTreynorSloss #JonGray #ThomasKurian

Google, Blackstone announce $5 billion TPU cloud venture to meet AI data centre demand

Google and Blackstone have announced a joint venture of $5 billion to launch a new TPU cloud company which will aim at meeting the increasing demand for AI data center capacity. The new venture will focus on bringing 500 MW of capacity online by 2027 by combining Google’s AI hardware and software with Blackstone’s infrastructure expertise.

The Times of India