United States of America

Google & Blackstone Launch $5B AI Cloud Venture

Is this a bold infrastructure win or a dangerous threat to resources and jobs?

Published MAY 19

Google & Blackstone Launch $5B AI Cloud Venture

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Above: The Blackstone logo at the New York Stock Exchange in New York, U.S., on May 14. Image credit: Michael Nagle/Bloomberg/Getty Images

The Spin

Pro-establishment narrative

This joint venture is a milestone in AI infrastructure, combining the best of Google's purpose-built TPUs with Blackstone's unmatched data center expertise. The result will give customers greater access to cutting-edge AI hardware while addressing the growing surge in global demand for advanced computing, making this a win-win investment for all.

Google Blackstone

Establishment-critical narrative

The last thing America needs is another data center mega-deal. Big tech projects like these drive up electricity costs, strain land and water resources, and contribute to the potential elimination of millions of jobs — all without meaningful public input. In light of these dangers, the federal government must impose a moratorium on further development.

Bernie Sanders US Senator for Vermont

Robert Reich on X