? (Host) 00:00.150
i guess the deal that's not quite a deal that's kind of a deal what's the deal
Mackenzie Sigalos (Business News) 00:04.710
right the deal is that nvidia just paid twenty billion dollars for a company founded by one of the architects of googles tpu the chip that has become nvidia most formidable rival grox founder jonathan ross helped build alphabets in house AI chip before starting his own company
Mackenzie Sigalos (Business News) 00:20.950
and now he's joining nvidia along with the kind of expertise that helped google land major cloud deals with anthropic and meta so nvidia it is essentially hiring talent that knows how to compete against them nvidia cash pile has ballooned to sixty billion dollars up from
Mackenzie Sigalos (Business News) 00:36.070
thirteen billion two years ago and it has been deploying it across the AI stack nine hundred million for in fabrica CEO and tech five billion into intel one hundred billion proposed for open AI plus backing crusoe cohere and core weave meta google and microsoft have all used
Mackenzie Sigalos (Business News) 00:52.750
similar structures call it a licensing agreement hire the executives avoid all the regulatory scrutiny that comes with the full acquisition rocks chips also solve a technical problem for nvidia they keep data on the processor itself rather than relying on high bandwidth memory a
Mackenzie Sigalos (Business News) 01:08.110
supply chain that's been one of nvidia biggest bottlenecks