Capital markets’ demand for Google’s chips buoys cloud business
Google will begin delivering its TPUs to a select group of clients in their own datacenters later this year.
Google’s enterprise artificial intelligence solutions have become the primary growth driver for the tech giant’s cloud business, with Google Cloud revenues exceeding $20 billion for the first time in Q1.
Company executives attribute much of this performance to demand for Google’s tensor processing units (TPUs), developed for neural network machine learning and now in their eighth generation. The chips are used by firms like Boston Dynamics, Hudson River Trading, and Thinking Machines Lab, but
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