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Google and Blackstone to Create New AI Cloud Company
Google and Blackstone are partnering to launch a new AI cloud company, targeting 500 megawatts of capacity by 2027.
What: Google and Blackstone are establishing a new AI cloud company with the goal of bringing 500 megawatts of capacity online by 2027. This venture aims to significantly expand its capacity beyond this initial target over time.
Why it matters: This partnership between a tech giant and a private equity firm signals the immense capital and infrastructure demands for scaling AI, driving new business models focused on providing dedicated, large-scale AI compute resources.
Decoder
- Megawatt (MW): A unit of power equal to one million watts, often used to measure the capacity of power plants or large data centers.
Original article
The new company aims to bring 500 megawatts of capacity online in 2027 and substantially increase capacity over time.
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