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Google Blackstone AI cloud venture

3 items1 sourcesupdated 28d agotrend 0

Google and Blackstone are forming a joint AI cloud venture backed by $5 billion in funding, with plans to develop and deploy in-house chips for AI workloads.

  • $5 billion backing for the new AI cloud company
  • Google and Blackstone are co-founders of the venture
  • In-house chip development planned for AI infrastructure
  • Announced May 19, 2026