Blackstone and Google team up for $5bn TPU-based cloud platform
Will enable customers to access TPUs via a different platform from Google Cloud
News - Investment / M&A / Financing, Google Cloud
The latest news from the AI, data center, telco, chip, and cloud sector
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Google to sell TPUs to a "select group of customers" for their data centers, increases capex forecast
Company sees strong Q1 for FY2026
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Google commits $40bn to expand cloud and AI infrastructure in Texas through 2027
Will include data center developments and investments in energy resources
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Google owns 14 percent of generative AI business Anthropic
But the company is increasingly using Amazon Web Services
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Cloud market growth surges for fourth consecutive quarter - Synergy
AWS maintains top spot, Google and Microsoft follow
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Alphabet's quarterly capex hits $13bn, Google Cloud revenues jump to $10.32bn
Revenue up by more than $2bn YoY
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Oracle to colocate database services and network interconnect in Google data centers
Releases quarterly earnings
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Stability AI defaulted on payments to AWS, owed Google Cloud and CoreWeave money
Troubled generative AI business owes millions to cloud companies
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Reddit uses AWS and Google Cloud, plans to spend at least $385m on cloud by September 2026
TL;DR: We read the IPO filing so that you don't have to
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Google Cloud posts $9.2bn in revenue for Q4 2023; Microsoft Cloud revenue up 24% YoY
Bolstered by AI growth
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Q3 2023 cloud results: AI investments drive up revenue and CapEx
Growth across the board, some more than others
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Google invests in generative AI startup Runway, gets it as a cloud customer
Invest in yourself, via someone else
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Q1 2023 cloud results: Google Cloud finally posts a profit
GCP posts $191 million profit after 15 years against revenue of $7.4 billion
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Twitter refused to pay AWS bill, so Amazon refused to pay for ads
Musk's Twitter is still $70m behind on payments
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Q4 2022 cloud results: Amazon, Microsoft, & Google earnings show slowing growth
Lowest growth on record after pandemic boom
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Google increases server life to six years, will save billions of dollars
While Meta ups to five years
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Cloud spending hits $57bn for Q3, as Google increases market share
But there may be difficult times ahead
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Q3 2022 cloud results: Microsoft, Google, AWS
Google continues to post losses, Microsoft sees $800 million in extra energy costs, AWS sees income drop slightly
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Google plans first African cloud region as part of $1bn African pledge
It follows recent investment in its Equiano subsea cable
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Google acquires Edge computing company MobiledgeX
Search giant to put code into open source and run as part of Google Cloud
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Cloud Q1 2022 results: Growth across the board for AWS, Azure, and GCP
Cloud is still good
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Google restructuring and laying off Google Cloud support staff as it buys Mandiant for $5.4 billion
Spend money (via acquisitions and staff cuts) to make money
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Amazon Web Services grows revenue 40 percent, Microsoft Azure increases share, Google Cloud still loses $840m
Yet another blockbuster quarter for the big three
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Microsoft and Alphabet post huge earnings: Azure makes more money, Google Cloud loses less money
But don't worry, Google still has a ridiculously successful Ad business