Blackstone and Google Join Forces for AI Infrastructure

$5 Billion Commitment to Build Dedicated Data Center Company

"The new company will be led by Benjamin Treynor Sloss, a Google executive, and is expected to bring its first 500 MW of capacity online in 2027."

A New Entity for the AI Era

Blackstone and Google have announced a joint venture to create a new US-based company dedicated to providing data center capacity, operations, networking, and access to Google Cloud's Tensor Processing Units (TPUs) as a compute-as-a-service offering.

Blackstone has committed an initial $5 billion in equity capital from its funds to back the venture. The partnership plans to scale significantly after the first 500 MW of capacity comes online in 2027.

What Each Partner Brings

• Google will supply hardware—including its custom TPU chips—along with software and services.
• Blackstone, with over $1.3 trillion in assets under management, is already the largest global data center provider.

TPUs are custom-designed chips built specifically for AI workloads, already powering Google's Gemini and other flagship AI products.

Leadership and Vision

The new company will be led by Benjamin Treynor Sloss, a Google executive.

Statements from Blackstone President Jon Gray, BXN1 Head Jas Khaira, and Google Cloud CEO Thomas Kurian all emphasized the massive opportunity in AI infrastructure and the importance of offering customers real choice in how they access compute power.

"The opportunity in AI infrastructure is enormous, and this joint venture gives customers a new, dedicated option for scaling their most demanding workloads."