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Google makes chip push with Blackstone-backed AI cloud group

Investment of $5bn by private capital group set to help bring 500MW of data centre capacity online next year

Google and Blackstone are creating an AI cloud group backed with $5bn from the alternative asset manager, in a bid to expand the reach of the tech giant’s specialised chips and mount a challenge to Nvidia.

The search company and world’s largest private capital group said on Monday that they would bring 500 megawatts of data centre capacity online next year, and scale further over time.

Google will provide the new venture with hardware including its Tensor Processing Units, the group’s custom chip created to train and deploy AI models.

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