The new joint venture between Google and Blackstone marks a groundbreaking development in AI infrastructure financing. Operating under a Compute-as-a-Service model, it aims to supply data center capacity with Google’s custom TPUs. This shift could redefine AI infrastructure financing and potentially challenge existing GPU market dynamics.
Rogers Communications has secured a CAD $7 billion equity investment from a Blackstone-led group, gaining capital to reduce debt and strengthen its balance sheet. The deal grants Blackstone a 49.9% stake in a Rogers subsidiary managing wireless infrastructure, while Rogers retains control—marking a strategic move post-Shaw acquisition.
