Google, Blackstone $5 Billion Deal to Challenge Nvidia

Source: https://www.iphoneincanada.ca/2026/05/19/google-blackstone-5-billion-deal-to-challenge-nvidia/

May 19, 2026

Google and Blackstone are launching a new $5 billion joint venture to offer TPU custom AI chips as a service, providing an alternative to Nvidia hardware. The post Google, Blackstone $5 Billion Deal to Challenge Nvidia first appeared on iPhone in Canada.

Google Cloud and investment giant Blackstone are launching a new $5 billion joint venture to offer Tensor Processing Units (TPU) custom AI chips as a service. The move marks a notable shift in Googl… [+1605 chars]