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$22B Just to Buy More Chips

This story is from 2026-09-17. It is preserved in the archive; the latest stories are on the live feed.

Breaking from the AI infrastructure world: 10 banks just agreed to loan out $22 billion. For one single venture. That venture is Crux AI, a joint effort between Blackstone (the investment giant) and Alphabet (Google's parent company). The goal? Buying massive quantities of TPUs, Google's specialize…

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  1. 2026-09-17 06:30 · DEV Community — AI
    $22B Just to Buy More Chips

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