ChipsThe story, in brief
Google and Blackstone to create AI cloud group
500MW. Google and Blackstone just announced a joint AI cloud group that's bringing half a gigawatt of data centre capacity online next year.
The KeyNews take
Why it matters
Google is moving beyond its own capex constraints by partnering with Blackstone's capital firepower to accelerate AI infrastructure deployment. This signals a major shift: hyperscalers are now co-investing with mega-funds to unlock compute capacity faster than solo builds allow.
The key facts
4 to knowGoogle + Blackstone joint venture announced
500MW data centre capacity coming online in 2026
Partnership bridges hyperscaler + institutional capital models
Addresses compute scarcity bottleneck for AI scaling
Go to the source
Financial Times Technologyft.com
Publisher excerpt: Search giant and world’s largest private capital group set to bring 500MW of data centre capacity online next year