To compete with Nvidia’s AI chips, tech giant Google is partnering with Blackstone to meet the rapidly growing demand for AI computing and data centre capacity. According to a Bloomberg report, Blackstone will invest an initial $5 billion in equity to bring 500 megawatts of data centre capacity online by 2027. Over time, the total investment in the venture could reach as much as $25 billion, including debt financing. The new company will offer AI computing services using Google’s custom-built Tensor Processing Units (TPUs). These chips are designed specifically to train and run advanced AI models and are already used by companies such as Anthropic. Thomas Kurian, CEO of Google Cloud, said the partnership will help meet the growing demand for TPUs by giving organisations 'additional ways to access computing capacity.' Blackstone has appointed Benjamin Sloss, a former Google executive, as CEO of the new venture. The partnership comes at a time when AI companies are racing to secure more data centres and electricity to support increasingly powerful models. AI Fear Is Real: Ex-Google CEO Booed Every Time He Mentioned It "This isn't the biggest headline number we've seen. But it's a high-quality bet on sustainable ?growth in AI infrastructure," Brittain Ladd, AI and supply chain consultant at Florida-based Chang Robotics, was quoted as saying by Bloomberg. The new partnership reflects rising demand for AI infrastructure and the need ?for large-scale capital deployment, said Blackstone President Jon Gray. It is important to note that Google is also in talks with Elon Musk’s SpaceX for a rocket launch deal. The company wants to use SpaceX rockets to send its planned data centres into space as part of its efforts to build computing infrastructure in orbit. According to a report by The Wall Street Journal, a launch deal would put the two companies in partnership as they gear up to compete on orbital data centers, an unproven technology that SpaceX Chief Executive Elon Musk has said is the next frontier for his rocket company. Get Latest News live on Times Now along with Breaking News and Top Headlines from Technology Science and around the world. Bharat Upadhyay is an Assistant News Editor at Times Now, where he currently leads the Tech vertical, covering everything from gadgets and apps, cyber... View More