Google and Blackstone Join Forces to Launch AI Cloud Company, Rivaling CoreWeave
Source：
www.wsj.com
According to The Wall Street Journal, Google, a subsidiary of Alphabet, and Blackstone Group plan to jointly establish an AI cloud company centered on Google’s proprietary chips, directly competing with rivals such as CoreWeave. Blackstone will contribute $5 billion in equity capital and hold a majority stake in the new company. The deal was officially announced on Monday local time, and the new company’s name has not yet been disclosed.
