Google unveils two new variants of in-house chips
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Google unveiled two new in-house chips, 8tx and 8i Max, to attract enterprise AI customers.
- ✓The 8tx helps regulated industries protect sensitive data, while the 8i Max handles large information tasks.
- ✓Google Cloud revenue grew to $30.71 billion in the September quarter, as the company expanded its specialized processor lineup.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Reuters
- Reading Speed
- 1 Minute(s)
- Market Focus
- India Economy
Alphabet shares were up more than 2% in premarket trading. Through last close, the stock has fallen 9% so far this year.
Sign up here.
Google's TPUs have primarily been used internally for products such as Search, YouTube and Gemini, but the company has been making the chips available through its cloud business to attract enterprise AI customers.
TPU sales made a meaningful contribution to results in the September quarter, according to Alphabet, with Google Cloud revenue more than doubling to $30.71 billion.
The new chips, 8tx and 8i Max, are redesigned versions of existing processors tailored for specific customer needs, according to the company. Bloomberg News first reported the development earlier in the day.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Reuters
Read the full, original unfiltered story directly on the publisher's portal.
This brief is for information only and is not investment advice. ArthNow is not a SEBI-registered investment adviser and does not publish buy or sell recommendations. Original reporting is credited to the publisher named above. Read our editorial policy or report an error.