--- title: "Blackstone takes the majority position in Google’s new TPU cloud" url: https://daily.dev/posts/blackstone-takes-the-majority-position-in-google-s-new-tpu-cloud-kkhq4hikc source_url: https://thenextweb.com/news/google-blackstone-tpu-cloud-joint-venture-5bn type: article source: "The Next Web" published: 2026-05-19T07:51:31.488Z updated: 2026-05-19T07:51:52.442Z tags: ["cloud", "ai-infrastructure"] reading_time: 4 upvotes: 2 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Blackstone takes the majority position in Google’s new TPU cloud **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 2 upvotes · 0 comments ## Summary Google and Blackstone have formed a joint venture to build a US-based AI compute-as-a-service business built on Google's TPUs. Blackstone contributes $5bn in equity and takes majority ownership, with the total deal value reaching ~$25bn including leverage. The venture targets 500 MW of data-centre capacity by 2027. Structurally, it mirrors Blackstone's infrastructure-fund template, moving financing off Google's balance sheet while Google retains the TPU supply relationship. The JV is positioned as Google's direct answer to CoreWeave, offering non-NVIDIA silicon at cloud economics. Potential customers include foundation-model labs, enterprise inference workloads, and sovereign-AI buyers affected by NVIDIA export controls. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Google is using Nvidia's playbook to break its AI-chip grip](https://daily.dev/posts/google-is-using-nvidia-s-playbook-to-break-its-ai-chip-grip-udlr9qcde) · The Next Web · 1 upvotes · 0 comments - [Google has sold so much TPU capacity that its own researchers are queueing for the rest](https://daily.dev/posts/google-has-sold-so-much-tpu-capacity-that-its-own-researchers-are-queueing-for-the-rest-9fnydcqbm) · The Next Web · 1 upvotes · 0 comments - [Google, Anthropic seal gigawatt-scale TPU deal](https://daily.dev/posts/google-anthropic-seal-gigawatt-scale-tpu-deal-sxpwbm1hj) · The Register · 0 upvotes · 0 comments --- Tags: [#cloud](https://daily.dev/tags/cloud), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure) [View this post on daily.dev](https://daily.dev/posts/blackstone-takes-the-majority-position-in-google-s-new-tpu-cloud-kkhq4hikc)