Changes in US stocks | Rumor has it that Blackstone is preparing to drastically increase TPU purchases, Google A (GOOGL.US) continues to rise nearly 3%

The Zhitong Finance App learned that on Friday, Google A (GOOGL.US) continued to rise by nearly 3% in the intraday period and is now reported at $341.82. According to the news, Kuroishi, the world's largest alternative asset management agency, is betting further on Google's AI chips. According to reports, the number of Google Tensor Processing Units (TPUs) that Blackstone expects to purchase will be much higher than the scale disclosed when it announced the establishment of a joint venture with Google in May of this year. A person familiar with the matter said that Blackstone is seeking additional purchases to reach “several times” the previous plan. Blackstone declined to comment on the exact amount of purchases.

The head of Google's cloud business recently stated that the scale of Google's AI accelerator chip business has doubled that of its closest cloud computing competitor. Google also began to include third-party TPU sales in cloud business revenue this year, and is expanding TPU commercialization through leasing, direct sales, and joint ventures established with Kuroishi.