Sources: a group of 10 banks is providing a $22B loan to Blackstone and Alphabet's venture Crux AI, which provides compute for AI labs, to fund TPU purchases (Bloomberg)
Crux AI’s financing is aimed at buying TPUs for AI compute capacity.
Bloomberg says a 10-bank group is providing a $22 billion loan to the Blackstone and Alphabet venture. Crux AI provides compute for AI labs. The funding is earmarked for purchases of Google’s TPU chips. Techmeme’s note
Bloomberg says a 10-bank group is providing a $22 billion loan to the Blackstone and Alphabet venture. Crux AI provides compute for AI labs. The funding is earmarked for purchases of Google’s TPU chips. Techmeme’s note
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