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Google and Blackstone Plan New AI Cloud Firm

Google and Blackstone plan to create a new AI cloud company with $5 billion investment from Blackstone.

Harper Clark
ByHarper Clark- Senior Editor
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Bond.az reports that Alphabet's Google and Blackstone are planning a new AI cloud company.

Blackstone will invest $5 billion and be the majority owner.

The venture aims to bring 500 megawatts of computing capacity online by 2027.

It will rival providers like CoreWeave and boost Google's custom chip efforts.

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Google and Blackstone Plan New AI Cloud Firm | Bond.az