Everyone gets new AI chips, Spotify gets a new toy, and TSMC gets big bucks: AI news roundup
Plus, Amazon says the AI future belongs to AWS, and a former Google CEO invested in China's AI industry even as he called it a threat

The world’s hottest chipmaker is getting heat this week after its competitors announced their own AI chips. Intel announced its Gaudi 3 accelerator, which it said is “way ahead” of Nvidia’s Hopper chips. Meanwhile, Google said its new Cloud TPU v5p can train large language models (LLMs) faster than its predecessor, the TPU v4. Meta also unveiled a new model of the AI chip it says is three times more efficient than its first one.
Check out those and more highlights from the week in AI news.
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The company that transformed online retail wants in on the generative AI boom — and is optimistic much of it will be built on its cloud computing service.
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Nvidia was named after the Latin word for envy, “invidia.” And there’s a lot to envy about the semiconductor giant. Companies have furiously gobbled up its very expensive AI chips in their race to develop new generative artificial intelligence technologies. Nvidia’s stock skyrocketed 220% over the last year as revenues went through the roof, making it the third most valuable company in the world. It’s practically “printing money,” one analyst said.
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Despite publicly warning that China’s AI efforts could be a strategic threat to the U.S., former Google CEO Eric Schmidt pursued connections with and invested in the country’s AI industry, according to a new report.
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It’s no secret that Google’s flagship AI chatbot Gemini has had some problems. Its production of historically inaccurate images forced Google parent Alphabet to temporarily suspend the product earlier this year.
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Meta debuted a new model of its AI chip, which it said is three times more efficient than its first one.
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Google said that one of the few alternatives to Nvidia’s popular AI chips is now available to developers — and took a shot at Microsoft and Amazon, too.
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Intel unveiled its latest AI hardware, saying it has better performance and efficiency for training generative artificial intelligence models than industry alternatives — even Nvidia’s highly sought after chip.
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Another major chipmaker is getting a share of the U.S. funding meant to bring advanced chipmaking to American soil.