Crypto World
How More Pieces Are Falling Into Place For Google’s Nvidia AI Chip Challenge
More pieces, financial and performance-related, are falling into place for Alphabet’s (GOOGL) emerging business of selling artificial intelligence accelerator chips, which could provide a boost to Google stock while creating more competition for Nvidia (NVDA). A syndicate of 10 banks last week agreed to provide a $22 billion loan to Crux AI, a cloud computing venture backed by Blackstone and…
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