San Jose, May 19 -- Global tech giant Google and private equity major Blackstone have joined hands to form a new AI cloud company that will take on the likes of CoreWeave with Google's specialised chips, the Wall Street Journal reported.

The attempt is the biggest so far by Google to market its specialised chips and take on the likes of CoreWeave, which uses Nvidia chips for computing infrastructure.

Blackstone will infuse an equity capital worth $5 billion in the AI cloud venture and is likely to be a majority owner, the WSJ report added.

The new AI venture is being seen as Google's biggest attempt so far to market its specialised chips called Tensor Processing Units or TPUs. Most of the AI companies use CoreWeave's computing infrastr...