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Blackstone announces a joint venture with Google to create a US company that will offer customers Google TPU access, and makes a $5B initial equity commitment

Investment firm to put $5 billion toward venture using Google's chips  —  Alphabet's Google and Blackstone plan to create …

Wall Street Journal

Discussion

  • @shanumathew93 Shanu Mathew on x
    The year is 2050 Every business is either a neo cloud or prediction market bar
  • @rhouseresearch @rhouseresearch on x
    Google teaming up with Blackstone to create a new neocloud running TPUs, as most of the existing neoclouds (CoreWeave, Nebius, Crusoe, Lambda, etc.) have more or less pledged fealty to NVIDIA. While this obviously introduces more competition for $CRWV and $NBIS, it seems more
  • @jukan05 Jukan on x
    AMD needs to build its own neocloud as soon as possible. That's the only way it can compete.
  • @lokoyacap @lokoyacap on x
    TPU shortages incoming 👀
  • r/NBIS_Stock r on reddit
    Why the $5B Google & Blackstone AI Cloud news is bullish for $NBIS
  • r/Bard r on reddit
    Blackstone will create a new TPU cloud in a joint venture with Google.