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Key Developments in AI Chip Market
Alphabet unveiled its latest AI model, Gemini 3, trained using its proprietary Tensor Processing Units (TPUs), posing a significant challenge to Nvidia’s GPU dominance. The AI market is projected to grow from $235 billion in 2022 to $631 billion by 2028, indicating a booming industry.
Meanwhile, Amazon is scaling up its AI efforts through the deployment of over 1 million Trainium2 chips in collaboration with Anthropic, enhancing its cloud capabilities. Microsoft is also working with OpenAI to develop custom AI chips to reduce dependency on Nvidia, a shift that could impact Nvidia’s market position.
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