Alphabet (GOOGL) reportedly in discussions with Blackstone (BX) and KKR (KKR) to provide access to Google's AI models for their portfolio companies

This report indicates that Alphabet is exploring partnerships with Blackstone and KKR to leverage its AI models for their portfolio companies, which could enhance service offerings and competitive positioning in the asset management space.

Newsquawk StaffPublished 5 May 2026, 16:38 UTCOn the live feed at 16:18 UTC — 5 more headlines followed before this page went public

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16:32

US President Trump reportedly pressures FDA commissioner to approve flavoured vapes (PM, MO), via WSJ

16:28

US working to address the global memory chip shortage through a supply chain coalition with allies in Asia, Europe and the Middle East, a State Department official told Nikkei Asia

16:18

Alphabet (GOOGL) reportedly in discussions with Blackstone (BX) and KKR (KKR) to provide access to Google's AI models for their portfolio companies

16:10

Iran Oil Minister says The reconstruction of damaged oil industry facilities in the shortest possible time has been put on the agenda and is currently undergoing an appropriate process."

16:07

Wynn (WYNN) reportedly mulling delayed opening of its UAE resort amid the war, according to Bloomberg

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Context

If finalized, this could not only add to Alphabet’s revenue streams but also set a precedent for further collaborations in the burgeoning AI sector, positively impacting market sentiment toward these firms. Overall, this aligns well with the current trend of integrating AI technologies across industries and could lead to comparable moves by competitors.

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