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19.05.26 - 20:30
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Google, Blackstone to Create AI Cloud Firm (Bloomberg)
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Bloomberg's Caroline Hyde and Ed Ludlow discuss Google's decision to create an AI cloud business with Blackstone which will run on Google's homegrown AI chips. Plus, the legal battle between Elon Musk and his OpenAI co-founders ends with a jury ruling that Musk waited too long to sue. And, Meta bets big on Louisiana for the world's biggest AI facility, as it plans AI-related layoffs this week. (Source: Bloomberg)...
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19.05.26 - 07:54
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Google Agrees to Create AI Cloud Firm With Blackstone (Bloomberg)
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Alphabet's Google agreed to create an artificial intelligence cloud business with Blackstone, aiming to compete with companies like CoreWeave in a burgeoning market. The project will rely on an initial $5 billion in equity capital from Blackstone, which will become the majority owner, according to a statement Monday. Bloomberg's Neil Campling explains. (Source: Bloomberg)...
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