6h ago

Google and Blackstone form a new U.S.-based AI cloud company supplying TPUs and data center capacity with Blackstone committing $5 billion and first 500 megawatts online in 2027

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Joint venture will compete with specialized providers such as CoreWeave.

Original post

SCOOP w/ @CaraRLombardo: Google and Blackstone plan to create a new AI cloud company to rival the likes of CoreWeave, using Google’s specialized chips. The business will launch with $5 billion in equity capital from Blackstone, which will be the majority owner. $GOOGL $BX https://www.wsj.com/tech/ai/google-and-blackstone-to-create-new-ai-cloud-company-0e35b91f?st=J98WPr

5:03 PM · May 18, 2026 View on X
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Official announcement.

Andrew CurranAndrew Curran@AndrewCurran_

WSJ:

12:32 AM · May 19, 2026 · 27.9K Views
1:40 AM · May 19, 2026 · 21.1K Views

Google Cloud will supply compute to everyone except GDM LOL

2:20 AM · May 19, 2026 · 25.5K Views
Google and Blackstone form a new U.S.-based AI cloud company supplying TPUs and data center capacity with Blackstone committing $5 billion and first 500 megawatts online in 2027 · Digg