Blackstone and Google Launch $5 Billion AI Computing Joint Venture Powered by Google TPUs
Summary
Blackstone and Google are launching a $5 billion AI computing joint venture powered by Google's Tensor Processing Units, with 500 MW of U.S.-based data center capacity expected online by 2027 and Google veteran Benjamin Treynor Sloss named as CEO.
Key Points
- Blackstone and Google are launching a joint venture to create a new U.S.-based company offering AI compute-as-a-service, powered by Google's Tensor Processing Units (TPUs).
- Blackstone is committing an initial $5 billion in equity capital, with the first 500 MW of data center capacity expected to come online in 2027 and plans to scale significantly beyond that.
- Google veteran Benjamin Treynor Sloss, who has over two decades of experience building Google's global infrastructure, is named CEO of the new joint venture company.