Google and Blackstone are forming a new cloud company to lease TPU compute to AI firms. The project is internally called 'Project Weave'. Blackstone will invest $5 billion in equity, and Google holds a minority stake while supplying TPU hardware.
Blackstone invests $5 billion in equity.
The new company aims to bring 500 MW of TPU compute online by 2027. Benjamin Treynor Sloss, a Google Cloud senior executive, will serve as CEO.
The partnership combines Blackstone's capital with Google's TPU technology to challenge Nvidia's dominance in AI compute. Google's TPUs are custom-designed for machine learning workloads.
Google and Blackstone have not disclosed the company's official name or launch date.
Discussion
0 comments
Log in to join the thread with a thoughtful take, question, or correction.