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deep tech TNW May 19, 2026

Blackstone takes the majority position in Google’s new TPU cloud

Blackstone takes the majority position in Google’s new TPU cloud
AI Summary

The two have formed a joint venture to build a US-based AI compute-as-a-service business on Google’s TPUs, with $5bn of Blackstone equity, $25bn total deal value including leverage, and 500 MW of capacity targeted for 2027. Blackstone and Google have formed a joint venture to build a US-based AI compute-as-a-service business on Google’s tensor processing […] This story continues at The Next Web

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