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.
Journalism begins where hype ends
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The rise of powerful AI will be either the best, or the worst thing, ever to happen to humanity. We do not yet know which."
—Stephen Hawking