Add another $2.5 billion to the record $8.5 billion investors have plowed into autonomous vehicle technology over the last year. Waymo said Wednesday it had raised its second round of external cash from existing investors like Mubadala, T-Rowe Price, Fidelity and Temasek as well as new addition Tiger Global. The raise, led by parent Alphabet, is a sign of continued enthusiasm for AV...
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To Reduce AI Costs, Google Wants to Ditch Broadcom as Its TPU Server Chip Supplier
Google executives have extensively discussed dropping Broadcom as a supplier of artificial intelligence chips as early as 2027, according to a person with direct knowledge of the effort. In that scenario, Google would fully design the chips, known as tensor processing units, in-house, the person said. The move could help Google save billions of dollars in costs annually as it invests heavily in...
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