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Should Blackstone’s (BX) US$5 Billion Google AI Data Center Venture Prompt Investor Action?
In May 2026, Blackstone announced a joint venture with Google to form a new U.S.-based company offering efficient data center capacity, operations, networking, and access to Google Cloud Tensor Processing Units as compute-as-a-service, backed by an initial US$5.00 billion equity commitment and targeting 500 MW of capacity online by 2027.
The appointment of long-time Google infrastructure leader Benjamin Treynor Sloss as CEO signals that the venture aims to blend hyperscale engineering...