Brief

Anthropic and Blackstone have acquired Fractional AI, a move aimed at integrating Fractional AI's modular architecture and advanced algorithms into their service offerings. This partnership seeks to enhance AI capabilities across various sectors by providing adaptable solutions for businesses. The integration will leverage API connections, real-time analytics, and scalable infrastructure to support companies from startups to large enterprises, with specific applications anticipated in healthcare, finance, retail, and manufacturing. AI

McDonald's announced it will not meet some of its 2030 climate goals but remains committed to its 2050 net-zero vision. The company plans to invest at least $1 billion over the next decade in supply chain resilience, including regenerative agriculture. In a separate development, Blackstone and Alphabet are partnering to invest $5 billion in a US joint venture to provide data center capacity and Google Cloud TPUs for AI computing, aiming for 500MW online by 2027. AI

Blackstone and Google are partnering to invest $5 billion in a US-based joint venture that will offer data center capacity and Google Cloud TPUs as a computing service. The venture aims to bring 500 megawatts of capacity online by 2027, marking a significant collaboration between infrastructure investors and tech giants to meet AI computing demands. This follows similar data center investment funds established by Microsoft with institutions like BlackRock. AI

Korea Post, a major South Korean institutional investor managing over $100 billion, is increasing its investment in high-yield assets. The organization is focusing on AI data centers and European and American real estate, including multi-family housing and logistics facilities, to improve investment returns amidst declining traditional postal business revenue. In a separate development, an industrial base for embodied intelligence and a distributed data collection and training field were launched in Chengdu, China, with the first batch of locally manufactured humanoid robots, including the Yuanzheng A3 and A2 models, rolling off the production line. AI

Google and Blackstone are launching a new venture to provide cloud access to Google's Tensor Processing Units (TPUs). This initiative is supported by a significant $5 billion commitment from Blackstone. The partnership aims to broaden the availability of Google's specialized AI chips for various computing needs. AI

Blackstone and Google are launching a new venture to provide AI infrastructure, committing $5 billion to build data centers powered by Google's custom Tensor Processing Units (TPUs). This initiative aims to offer compute-as-a-service, providing enterprises with an alternative to traditional cloud providers and NVIDIA-dominated infrastructure. The venture's substantial capacity target of 500 MW by 2027 signals AI compute becoming a distinct asset class, requiring large-scale industrial infrastructure planning. AI