Google and Blackstone Team to Launch AI Cloud Venture

Google is working with asset manager Blackstone to launch an artificial intelligence (AI) cloud company. The new venture is designed to provide “efficient data center capacity, operations, networking, and Google Cloud’s tensor processing units (TPUs) as a compute-as-a-service offering,” Blackstone said in its announcement Tuesday (May 18). Customers will have the option to access cloud TPUs along with using them through Google Cloud, the announcement added.