A report that Alphabet is picking up efforts to compete with Nvidia in offering artificial-intelligence chips is the latest tailwind for the Google parent’s stock.
Google is talking to Meta Platforms and others about using its AI chips, known as TPUs, in their own data centers, the Information reported. It already rents these TPUs to customers who use Google Cloud data centers.
Other customers that Google is pitching the idea to include big financial institutions, the news outlet reported, citing people familiar with the talks.