Alphabet's TPUs: New Revenue Stream?

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Sundays

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Alphabets Tensor Processing Units (TPUs) are gaining investor confidence, potentially opening a new revenue stream worth hundreds of billions. These custom-designed chips, initially for internal use, are now seen as a major revenue source, contributing to Alphabets stock surge. Their success has boosted Alphabets cloud computing business and could even surpass Google Clouds value. Recent deals with Anthropic and potential talks with Meta Platforms have further fueled investor excitement. TPUs cost-effectiveness and efficiency in machine learning tasks make them a significant advantage. While Alphabets strategy for external sales is unclear, the potential is vast, keeping investors optimistic about Alphabets AI leadership.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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