--- title: "Google and Blackstone to create new AI cloud firm, sending neoclouds like Coreweave and Nebius lower" type: "News" locale: "en" url: "https://longbridge.com/en/news/286904611.md" description: "Google and Blackstone are launching a new AI cloud company with a $5 billion investment from Blackstone. This announcement has caused shares of competitors CoreWeave and Nebius to drop nearly 4% in premarket trading." datetime: "2026-05-19T11:36:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286904611.md) - [en](https://longbridge.com/en/news/286904611.md) - [zh-HK](https://longbridge.com/zh-HK/news/286904611.md) --- # Google and Blackstone to create new AI cloud firm, sending neoclouds like Coreweave and Nebius lower Alphabet’s Google and Blackstone are creating a new US-based **AI cloud company**, backed by an initial **$5 billion** equity investment from Blackstone, the asset manager announced Monday — sending shares of rival AI cloud providers CoreWeave and Nebius down **nearly 4%** in premarket trading Tuesday. ### Related Stocks - [BX.US](https://longbridge.com/en/quote/BX.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [CLOU.US](https://longbridge.com/en/quote/CLOU.US.md) - [GGLS.US](https://longbridge.com/en/quote/GGLS.US.md) - [GGLL.US](https://longbridge.com/en/quote/GGLL.US.md) ## Related News & Research - [What's Going On With Blackstone Stock Tuesday?](https://longbridge.com/en/news/286894790.md) - [BREAKINGVIEWS-India’s offices shrug off AI job apocalypse](https://longbridge.com/en/news/286359744.md) - [EXCLUSIVE: Google's AI Monetization Strategy May Be Leaving Rivals Behind, Says Direxion](https://longbridge.com/en/news/286919559.md) - [Google, Blackstone plan AI cloud venture with $5 billion backing, WSJ reports](https://longbridge.com/en/news/286832455.md) - [Anthropic May Be Chasing A Massive AI Valuation](https://longbridge.com/en/news/286284741.md)