Ten banks back $22B loan for Alphabet-Blackstone AI cloud JV Crux AI
Beth_Kindig · x · 2026-09-24
Alphabet and Blackstone's new AI cloud joint venture Crux AI has secured a $22 billion loan from ten banks. Blackstone is committing an initial $5 billion to bring 500MW of capacity online in 2027, underscoring continued massive capital inflows into AI data center buildout.
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