According to the Wall Street Journal, global private equity giant Blackstone is planning to partner with Google to establish a new artificial intelligence cloud computing company in the United States, with an estimated total investment of $25 billion. Blackstone will initially contribute $5 billion in equity capital, with the rest raised through financial leverage.
The new company's core strategy is to leverage Google's self-developed TPU (Tensor Processing Unit) chips and cloud capabilities, directly challenging independent cloud computing providers like CoreWeave. This move not only signifies that Google's TPU is entering the external market on a large scale but also intensifies the competition between Google and NVIDIA in the AI chip sector.
The two parties plan to launch up to 500 megawatts (MW) of computing capacity (equivalent to the electricity consumption of a medium-sized city) by 2027, and have already secured and built the relevant data centers. As one of the world's largest data center providers, Blackstone's move will further solidify its dominance in the physical infrastructure of AI.
