Google and Blackstone forge massive AI cloud venture to meet surging chip demand

Alphabet’s Google (GOOGL.O) and ‌Blackstone (BX.N) said this week that they will form an artificial intelligence cloud business venture aimed at capitalising on an insatiable demand for AI computing services. Blackstone, the world’s largest alternative asset manager, will ​invest an initial $5 billion in equity to help bring 500 megawatts of ​data centre capacity online […]