--- title: "Google and Blackstone Jointly Establish a New AI Cloud Company" type: "News" locale: "en" url: "https://longbridge.com/en/news/286830893.md" description: "Alphabet, Google's parent company, and Blackstone plan to establish an artificial intelligence cloud computing company in the United States, with Blackstone investing $5 billion and holding a majority stake. This collaboration represents Google's largest self-developed chip commercialization layout and will intensify competition with NVIDIA. The new company plans to achieve a computing capacity of 500 megawatts by 2027 to meet the electricity needs of medium-sized cities and will continue to expand its computing power. The cooperation agreement will be officially announced on Monday" datetime: "2026-05-19T00:10:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286830893.md) - [en](https://longbridge.com/en/news/286830893.md) - [zh-HK](https://longbridge.com/zh-HK/news/286830893.md) --- # Google and Blackstone Jointly Establish a New AI Cloud Company According to informed sources, Alphabet, Google's parent company, and Blackstone plan to jointly establish an artificial intelligence cloud computing company, leveraging Google's self-developed dedicated chips to compete with peers like Cohere. The sources stated that the two parties intend to establish this yet-to-be-named new company in the United States, with Blackstone investing $5 billion as capital and holding a majority stake. The cooperation agreement is set to be officially announced later on Monday. This collaboration represents Google's largest effort to date in selling its self-developed chips and achieving commercialization, further intensifying its industry competition with leading companies in the A computing sector, such as NVIDIA. The new enterprise plans to establish a computing capacity of 500 megawatts by 2027, which can basically meet the electricity demand of a medium-sized city, and will continue to significantly expand its computing capacity thereafter ### Related Stocks - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [BX.US](https://longbridge.com/en/quote/BX.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [DTCR.US](https://longbridge.com/en/quote/DTCR.US.md) - [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [GGLL.US](https://longbridge.com/en/quote/GGLL.US.md) - [CLOU.US](https://longbridge.com/en/quote/CLOU.US.md) - [GOOW.US](https://longbridge.com/en/quote/GOOW.US.md) - [GGLS.US](https://longbridge.com/en/quote/GGLS.US.md) ## Related News & Research - [Google, Blackstone plan AI cloud venture with $5 billion backing, WSJ reports](https://longbridge.com/en/news/286832455.md) - [Blackstone, Google Join To Create U.S.-based Company To Meet Growing Demand For TPUs](https://longbridge.com/en/news/286860004.md) - [Google and SpaceX discuss orbital AI data centres](https://longbridge.com/en/news/286535839.md) - [Google brands news publishers ‘free riders’ in search box row](https://longbridge.com/en/news/285962706.md) - [Google is rolling out its redesigned Workspace app icons](https://longbridge.com/en/news/286800238.md)