On April 23, 2026, Google Cloud and CVC, a leading global private markets manager, announced a multi-year strategic partnership designed to accelerate the deployment of agentic artificial intelligence (AI) across CVC’s global investment portfolio. The collaboration aims to provide CVC’s more than 125 portfolio companies with streamlined access to Google Cloud’s full AI stack, including the Vertex AI platform and the Gemini family of models. This initiative marks one of the largest private equity-led AI transformations to date, targeting companies across diverse sectors such as healthcare, financial services, and retail.
Under the terms of the agreement, CVC portfolio companies will gain priority access to Google Cloud’s Vertex AI Agent Builder, a toolset designed to create autonomous AI agents capable of performing complex, multi-step tasks with minimal human intervention. Unlike traditional generative AI that focuses on content creation, agentic AI systems are engineered to interact with external software environments, manage workflows, and make data-driven decisions. The partnership specifically highlights the use of Gemini 1.5 Pro and Gemini 1.5 Flash models, which offer expanded context windows of up to two million tokens, allowing for the processing of massive datasets within localized enterprise environments.
To support the technical implementation, Google Cloud is deploying a dedicated team of AI engineers and architects to work directly with CVC’s Digital and Technology team. This joint task force will focus on identifying high-impact use cases, such as automated supply chain optimization, personalized patient care pathways in healthcare, and real-time fraud detection in financial services. Additionally, the partnership includes the establishment of an AI Center of Excellence, which will provide standardized frameworks, security protocols, and governance models for AI deployment across the CVC ecosystem.
Thomas Kurian, CEO of Google Cloud, stated that the partnership is intended to move AI from the experimental phase to core operational integration. He noted that by leveraging Google’s infrastructure, including the latest TPU v5p and NVIDIA H100 GPU clusters, CVC’s companies can scale agentic workflows with the necessary compute power and low latency. CVC, which manages approximately 193 billion USD in assets, will also utilize Google Cloud’s BigQuery and AlloyDB to modernize the data foundations of its portfolio companies, ensuring that the AI agents have access to high-quality, real-time enterprise data.
The rollout will begin immediately with an initial group of ten companies in the European and North American markets. These initial deployments will focus on customer service automation and predictive maintenance. The partnership also includes comprehensive training programs for over 5,000 employees within the CVC network to ensure technical proficiency in managing and auditing agentic systems.