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Google, Blackstone to set up AI-focused cloud joint venture, deploy large number of TPUs

Google and Blackstone will set up an AI cloud joint venture that uses Google\'s in-house chips, the Wall Street Journal reported. Blackstone will hold a majority stake in the venture. It is Google\'s largest effort so far to sell and monetise its chips externally. The venture aims to operate 500 megawatts of capacity in 2027 and plans to expand further. Google will supply TPU chips and related hardware, software and services.