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Apr 1 | Dolphin Focus: 🐬 Macro/Industry: Leaders of the US and Iran signaled openness to ending hostilities, easing fears of a broader Middle East war. On the back of this, US stocks closed higher on Tue as intl crude pulled back, with WTI and Brent both down, easing inflation worries. In addition, the White House said Trump will address the nation at 9pm ET Wed (9am Beijing Thu) to provide a major update on Iran.🐬 Single stocks: 1) $Taiwan Semiconductor(TSM.US) TSMC's Japan JASM Fab 2 has been upgraded from 6nm to 3nm...

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HK market kicks off Apr. with a rally; BILI overhauls recommendation engine | Daily News Recap

Blackstone Plans $5 Billion Initial Investment to Add 500 MW Capacity by 2027

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CPPIB and Blackstone Co-Invest in Proudreed

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Oppenheimer Reduces Holdings in Blackstone

Blackstone to Inject at Least $100 Million into Medallia as Part of a Restructuring

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Google Reportedly Teams Up with Blackstone to Establish New AI Cloud Company

Blackstone Inc. (BX.US) Q4 2024 Earnings Call

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Google and Blackstone Inc. are forming a joint venture AI cloud company, with Blackstone investing USD5 billion for a majority stake. The venture aims to support USD25 billion in computing power investments, utilizing Google's proprietary chips to achieve 500 megawatts of computing power by next year. Google will provide hardware, software, and services, while Benjamin Treynor Sloss will be the CEO.

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Alphabet's stock increased by 1.1% in pre-market trading. According to Odaily, this rise follows the company's agreement with Blackstone Group to jointly launch an artificial intelligence cloud business.

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Alphabet's Stock Rises After AI Cloud Deal with Blackstone

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Alphabet and Blackstone are launching a $5 billion AI infrastructure venture to meet the growing demand for AI computing power. The initiative aims to bring 500 megawatts of data center capacity online by 2027, with potential total investments reaching $25 billion. The venture will provide data center capacity and Google's custom AI chips through a compute-as-a-service model, catering to businesses needing high-powered AI resources.

- Alphabet Inc. and Blackstone Inc. are forming a new AI cloud and data center venture, with Blackstone initially investing $5 billion to bring 500 megawatts of data center capacity online by 2027.  
- The total investment could reach $25 billion, leveraging Google's AI chips through a compute-as-a-service model, meeting the rising demand for AI computing as companies increasingly adopt generative AI tools.  
- The venture will be overseen by Benjamin Treynor Sloss, a Google executive with extensive experience in global infrastructure and operations.

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Direxion Daily Googl Bear 1x Shares

Google-Blackstone AI Venture Targets Exploding Demand For Compute Power With $5 Billion Initial Data Center Investment

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Google Reportedly Teams Up with Blackstone to Establish New AI Cloud Company

Alphabet's Stock Rises After AI Cloud Deal with Blackstone

Google-Blackstone AI Venture Targets Exploding Demand For Compute Power With $5 Billion Initial Data Center Investment

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