Journalism begins where hype ends

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"Any sufficiently advanced technology is equivalent to magic"

— Arthur C. Clarke

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.

After Anthropic, OpenAI Moves Beyond AI Models With $4B Enterprise Deployment Push

OpenAI has launched the OpenAI Deployment Company, a new enterprise AI unit backed by over $4 billion to deploy AI systems inside business operations. The move follows Anthropic’s recent Wall Street-backed AI services venture, highlighting the industry’s push into enterprise deployment.