Google / Google / Blackstone: Crux AI TPU cloud · site allocations undisclosed partnership, September 2026

Announced Sep 9, 2026 · 500 MW · $5 billion equity commitment; not a customer contract or construction spend

Crux AI launched as the U.S.-based compute-as-a-service company formed through the Blackstone and Google TPU cloud venture. Crux says Blackstone funds committed $5 billion in equity and Google will provide TPUs, software, and services. Crux plans to bring its first 500 MW of TPU capacity online in 2027 as the initial phase of a multi-gigawatt roadmap. The 500 MW is provider-level planned compute capacity, not a customer allocation; the source does not define critical IT load versus facility power or disclose site allocations. Bloomberg reported delays at proposed sites, including Google's scrapped plan for Crusoe to build in Cheyenne, but did not quantify the affected share or report a revised Crux-wide target. Keep the 2027 target as announced; no dated operating or energization evidence is established. The $5 billion is an equity commitment to the platform, not customer contract value or disclosed construction spend, and is excluded from financial totals.

First-capacity target: Crux AI plans to bring its first 500 MW of TPU capacity online in 2027