Blackstone

Blackstone is investing $5 billion in a new AI infrastructure venture, partnering with Google. This venture will utilize Google’s specialized Tensor Processing Units (TPUs) to meet surging AI compute demand. The company aims to deploy 500 megawatts of capacity by 2027 and plans significant expansion, strengthening Google’s position against competitors like Nvidia in the AI hardware race. Blackstone is also increasing its AI investments with other firms.

Anthropic is partnering with Goldman Sachs and Blackstone in a $1.5 billion venture to accelerate AI adoption in businesses. The initiative, supported by Hellman & Friedman and other asset managers, will deploy Anthropic’s Claude AI model directly into companies, focusing initially on portfolio businesses. The venture aims to address the talent gap in AI implementation and redesign workflows for tangible business outcomes. This move positions Anthropic strongly in the competitive enterprise AI market.

TaskUs stockholders rejected the proposed transaction agreement with a Blackstone affiliate and the company’s co-founders. Consequently, TaskUs will terminate the agreement and remain publicly traded under the ticker TASK. CEO Bryce Maddock emphasized the company’s commitment to evolving its business to thrive in the age of artificial intelligence, signaling a strategic shift. The final voting results will be disclosed in an SEC filing. The termination carries no fee for either party. TaskUs is an outsourced digital services provider navigating a competitive landscape with increasing AI demands.