Ep. 63
03:58
Google and Blackstone team up on $5B AI cloud and chip infrastructure company
About This Episode
Google and Blackstone are partnering to create a $5 billion AI cloud and chip infrastructure company, signaling a new phase of AI infrastructure expansion and putting pressure on smaller AI companies. The joint venture will focus on AI cloud infrastructure and a chip push, with Blackstone committing $5 billion in equity. This partnership is expected to dominate the next layer of AI compute, reshaping the competitive landscape for other players.
Our Take
The Google-Blackstone $5B deal isn't just a business story — it's the Iron Law of Oligarchy playing out at internet-infrastructure scale, where control over AI compute clusters is becoming the new oil, and the window for competitive alternatives is closing fast.