Google (GOOGL) is picking up the pace of its efforts to compete directly with Nvidia (NVDA) for use of its AI-use semiconductors, The Information’s Amir Efrati, Erin Woo and Anissa Gardizy report. The company has previously rented out its tensor processing units, or TPUs, to cloud consumers, but now the company has started pitching Meta Platforms (META) and large financial institutions on the use of these chips in their own data centers, the report states. The report further notes that Meta is currently in talks with Google about spending billions of dollars to use TPUs in its data centers as soon as 2027.
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