Journalism begins where hype ends

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The use of AI is never a purely technical matter: when it enters processes that affect people’s lives, it touches on rights, opportunities, status and freedom"

—Pope Leo XIV

Blackstone Commits $5 Billion to New Google TPU Cloud

Blackstone has committed $5 billion in equity for a majority stake in a new US-based AI cloud joint venture with Google that will sell Google's TPUs as a compute-as-a-service offering.

Blackstone has pledged $5 billion in equity for a majority stake in a new US-based AI cloud company with Google, which will sell access to Google’s Tensor Processing Units outside the Google Cloud Platform. The venture targets 500 MW of capacity by 2027 and signals a sharper challenge to Nvidia’s grip on the AI chip market.