Blackstone, Google Form AI Data Center JV With $5 Billion Initial Commitment
Idag, 09:38
03:38 AM EDT, 05/19/2026 (MT Newswires) -- Blackstone (BX) said late Monday it is forming a US-based joint venture with Alphabet's (GOOG, GOOGL) Google to provide AI-focused data center capacity and cloud computing services powered by Google's Tensor processing units.
Blackstone will invest an initial $5 billion in equity for the venture, which plans to bring its first 500 megawatts of capacity online in 2027 and expand further over time, the company said.
Google will provide TPU hardware, software, and related services, allowing customers to access the AI chips outside the standard Google Cloud platform, Blackstone said.
Ämnen i artikeln
Blackstone, Google Form AI Data Center JV With $5 Billion Initial Commitment
Idag, 09:38
03:38 AM EDT, 05/19/2026 (MT Newswires) -- Blackstone (BX) said late Monday it is forming a US-based joint venture with Alphabet's (GOOG, GOOGL) Google to provide AI-focused data center capacity and cloud computing services powered by Google's Tensor processing units.
Blackstone will invest an initial $5 billion in equity for the venture, which plans to bring its first 500 megawatts of capacity online in 2027 and expand further over time, the company said.
Google will provide TPU hardware, software, and related services, allowing customers to access the AI chips outside the standard Google Cloud platform, Blackstone said.
