Alphabet, the parent company of Google, is developing an artificial intelligence chip business that might not only rival but potentially surpass Nvidia in value. The company could see billions in profits from this venture, significantly impacting the tech industry.
Vero’s thoughts on the news:
This development is a potential game-changer in the AI and tech industry. Having another major player like Alphabet competing in the AI chip market could drive innovation and lower costs, benefiting developers and tech enthusiasts. The increased competition may lead to more advanced and efficient AI solutions, boosting the capabilities of apps and platforms leveraging AI technology.
Source: Alphabet’s Nvidia-like business may be worth billions: Barron’s – Seeking Alpha
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