Sonali Basak: Blackstone makes $5 billion investment in Google TPUs for neocloud

Sonali Basak: Blackstone makes $5 billion investment in Google TPUs for neocloud
Blackstone bets $5 billion on Google TPUs

Sonali Basak reports that Blackstone is committing $5 billion to Google’s Tensor Processing Units as they collaborate to create a new neocloud platform.

The tweet also highlights Blackstone’s recent activities in artificial intelligence infrastructure, including the public offering of BXDC, a REIT operating in the sector, and the launch of a division called BXN1 dedicated to AI investments.

Basak has recently covered volatility in the software sector, where a panel discussed the push for value investing as market conditions shift. She has also reported that private credit managers see banks losing money in conventional credit markets. These reports add context to Blackstone’s expanding focus in AI infrastructure.

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