The AI Daily Brief · Monday, July 27, 2026
Google has increased its financial support for cloud partners, guaranteeing up to $44 billion in lease payments for third-party data centers. This move, which more than doubles their previous guarantees, is based on Google's calculation that revenue from selling TPUs to these partners will exceed the cost of the backstops.
“Google has also provided backstops to several neoloud partners.”
“Last week, they disclosed agreements to guarantee up to $44 billion worth of lease payments on data centers owned by third parties.”
“Google has more than doubled their guarantees over the past six months, up from zero one year ago.”