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Nvidia's Big Tech rivals put their own AI chips on the table
Business Standard
|January 30, 2024
Chafing at their dependence, Amazon, Google, Meta and Microsoft are racing to cut into Nvidia's dominant share of the market
In September, Amazon said it would invest up to $4 billion in Anthropic, a San Francisco start-up working on artificial intelligence (AI).
Soon after, an Amazon executive sent a private message to an executive at another company. He said Anthropic had won the deal because it agreed to build its AI using specialised computer chips designed by Amazon.
Amazon, he wrote, wanted to create a viable competitor to the chipmaker Nvidia, a key partner and kingmaker in the all-important field of AI.
The boom in generative AI over the last year exposed just how dependent big tech companies had become on Nvidia.
This story is from the January 30, 2024 edition of Business Standard.
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