Blackstone to invest $5 billion in AI infrastructure venture with Google

Source Domain: www.cnbc.com

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Google Cloud’s Announcement: Google Cloud showcased its developments in the “IQ Era” at the Mobile World Congress in Barcelona, highlighting new AI solutions.
AI Solutions: The exhibit highlighted Agentic AI solutions for telecommunications using the Gemini 3.1 Pro model and Vertex AI Agent Builder.
Edge Computing: Google demonstrated deployment of its Google Distributed Cloud running on TPU v6 to enable edge AI with applications like the “Network Digital Twin.”
Unified Data Foundation: The Google Cloud stand emphasized a unified data foundation with Graph Neural Networks for proactive, intent-based network management.
Blackstone and Google Partnership: Blackstone announced a $5 billion investment in a new AI infrastructure company with Google, which will provide tensor processing units (TPUs).
Compute Capacity: The new company plans to bring 500 megawatts of compute capacity online by 2027 and scale further over time.
Leadership: The company will be led by Benjamin Treynor Sloss, formerly Google’s chief programs officer.
AI Rivalry: The partnership underscores the rivalry between Google and Nvidia in AI hardware, signifying Google’s efforts to develop proprietary TPUs to reduce reliance on Nvidia’s GPUs.