Google and Blackstone take aim at Nvidia in $5bn AI bet

City AM — May 19, 10:53 AM

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Alphabet’s Google and Blackstone are launching a $5bn (£3.7bn) AI infrastructure firm in one of the clearest signs yet that Big Tech is trying to loosen Nvidia’s grip on the AI boom.

The deal, as first reported by The Wall Street Journal, will see the pair create a new US-based AI cloud and data centre https://www.cityam.com/google-and-blackstone-take-aim-at-nvidia-in-5bn-ai-bet/">[...]

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