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Alphabet stock gains 1.7% after unveiling new AI chips, partnerships [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
The stock climbed after Google Cloud introduced its eighth-generation Tensor Processing Units, featuring two specialized chips designed for AI workloads. TPU 8t is optimized for training and scales up to 9,600 chips with two petabytes of shared memory in a single superpod, delivering three times the processing power of the previous generation. TPU 8i is designed for inference workloads, connecting 1,152 TPUs in a single pod with three times more on-chip SRAM to support AI agents requiring low latency and high throughput. Google Cloud also announced a $750 million fund to support its 120,000-member partner ecosystem in developing and deploying agentic AI solutions. The fund will provide resources for AI value assessments, prototyping, agent building, and upskilling initiatives for consulting firms, systems integrators, and software partners. The company revealed that its models now process more than 16 billion tokens per minute via direct API use by customers, up from 10 billion l
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- Update: Market Chatter: Alphabet's Google Launches $750 Million Fund to Hasten AI Adoption by Consulting Firms [Yahoo! Finance][Yahoo! Finance]
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