OpenAI plans to buy Google AI chips to expand computing capacity – The Information

Investing.com– OpenAI plans to buy artificial intelligence chips from Alphabet’s (NASDAQ:GOOGL) Google as the ChatGPT maker seeks to expand computing capacity and diversify its sources of processing power, The Information reported on Tuesday, citing a person familiar with the matter.

Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month’s list »

Final terms of a potential deal have not been determined, the report said.

Unsure what to buy ahead of earnings? Our AI’s recent pre-earnings calls delivered gains of +77% to +118% after results dropped. See this month’s earnings picks »

The move would add Google’s tensor processing units (TPUs) to OpenAI’s computing resources as demand for chips to train and run AI models surges, according to the report. TPUs have emerged as an alternative to Nvidia’s graphics processing units, which dominate the…