Google and Blackstone have announced a major new AI computing venture worth billions of dollars to challenge Nvidia’s dominance in AI infrastructure. Blackstone is investing an initial $5 billion to build a giant AI cloud company that will rent out access to Google’s powerful custom Tensor Processing Units (TPUs).The partnership aims to bring 500 megawatts of data centre capacity online by 2027, targeting enterprises looking for large-scale AI computing power without building their own supercomputers. This marks Google’s aggressive push into the high-margin AI cloud market, going head-to-head with Nvidia-backed players. Watch the full breakdown of this massive Google-Blackstone AI venture and its implications for the AI race. #google #blackstone #nvidia #ai #artificialintelligence #trendingnews Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you. Click here to download the Mint App: https://livemint.onelink.me/MrDS/p0kx3pdg Now make Mint your preferred source on Google and get business & finance updates first. Add here - https://www.google.com/preferences/source?q=mint Subscribe to Mint Premium Now: https://www.read.ht/Scaq Subscribe to Mint's WhatsApp Channel: https://whatsapp.com/channel/0029Va91YSeGehEM6oMesj3d
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together they will layoff more
Nvidia also acquired another company for the same TPU chips at 20bn . The main question is as far as the chip design technology is concerned ,in every 5 years all those hardware will get outdated , will come at a high cost to replace. All of this is only feasible if the consumers used more and more ai products. These AI companies would have to have a really good revenue model which will help them gain more and more customers at constant increasing rate.