US Stocks Move: Google and Blackstone Both Rise Over 1% in Pre-market Trading, Jointly Establish a Self-developed TPU Cloud Company

Glonghui, May 19 — Both Google and Blackstone Group rose over 1% in pre-market trading. According to reports, Google has reached an agreement with Blackstone Group to jointly establish an artificial intelligence cloud computing company, launching a new TPU cloud service aimed at directly competing in this rapidly growing market against emerging cloud service providers such as CoreWeave Inc. It is reported that Google senior executive Benjamin Treynor Sloss will serve as the CEO of the new company. This personnel arrangement also reflects Google’s determination—with an executive involved in building the company’s core technical architecture personally leading the new business—to ensure a seamless integration of full-stack capabilities from chips to data centers to cloud services.