Chasing a $400 Billion Prize: Google's New AI Cloud Company Is a Threat to Nvidia and CoreWeave
Source: Motley Fool
2026-05-29 09:05:00 ET
At its recent I/O conference, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) shook up the artificial intelligence (AI) world by announcing a slew of new AI services. But one of the company's most important announcements was a new AI cloud computing company it started with venture firm Blackstone.
While in its early stages, this new company could impact Nvidia 's (NASDAQ: NVDA) AI hardware business and CoreWeave 's (NASDAQ: CRWV) AI cloud business. Here's how.
Image source: Getty Images.
CoreWeave Inc.
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