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Broadcom signs long-term deal to develop Google's custom AI chips [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
artificial intelligence chips and ?other components for the company's next-generation AI racks through 2031. The chip firm ?also signed a deal with Anthropic to provide the AI startup access to about 3.5 gigawatts of AI computing capacity drawing on Google's AI processors, starting in 2027. Financial terms of the deals ?were not disclosed. Shares of ?Broadcom rose about 3% in extended trading. Demand for custom chips such as Google's tensor processing units (TPUs), ?used for AI workloads, has surged in recent years as businesses seek alternatives to Nvidia 's pricey graphics processors. Reuters reported in December ?that Google ?was pushing to make its ?TPUs a viable alternative ?to Nvidia's market-leading GPUs. TPU sales have become a crucial growth engine of Google's cloud revenue as it seeks to prove to investors that its AI investments are generating returns. Anthropic said on Monday that the new deal builds on the company's ?commitment to invest $50 billion in strengt
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