Google and Blackstone Launch Joint Venture in AI Infrastructure

Google and private equity firm Blackstone have announced the formation of an AI-focused joint venture aimed at addressing rising data center demand. The new company will offer compute-as-a-service solutions, backed by a $5 billion initial investment from Blackstone.

By Lamar Johnson Tue, May 19, 2026 at 3:24 PM GMT+3 2 min read · Yahoo Finance ·

Google and Blackstone Launch Joint Venture in AI Infrastructure

Tickers: $BX $GOOG

Topics: Artificial Intelligence Data Centers Energy Consumption Private Equity Investment

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