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Google and Meta join forces to weaken Nvidia's dominance in AI

Google's parent company Alphabet is collaborating with Meta to develop TorchTPU, aiming to make Google's TPU chips compatible with the PyTorch framework. This initiative seeks to reduce reliance on Nvidia's AI processors. Nvidia's shares fell 2% following the announcement. The project aims to enhance TPU adoption by offering native integration and may partially open-source the code. Meta may gain broader access to Google's TPUs, reducing its dependence on Nvidia GPUs. This is part of Google's strategy to democratize TPU use and strengthen its AI division.

marketscreener·
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META
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GOOG
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marketscreener·
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GOOG
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Google is working with Meta to expand software support for AI chips, sources say

Google is working with Meta to expand software support for AI chips, sources say

marketscreener·
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META
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GOOG
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marketscreener·
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EXCLUSIVE-Google works to erode Nvidia's software advantage with Meta's help

Google is enhancing its AI chips to run PyTorch, aiming to reduce reliance on Nvidia's CUDA ecosystem. The "TorchTPU" initiative seeks to make Google's TPUs more developer-friendly, attracting AI chip customers. Google collaborates with Meta to improve TPU compatibility with PyTorch, challenging Nvidia's dominance in AI computing. This move could lower switching costs for companies seeking alternatives to Nvidia's GPUs.

Reuters·
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GGLL
-5.05%
Reuters·
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GGLS
+2.58%
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GGLL
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How To Trade SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, TSLA Using Technical Analysis

The news discusses trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA using technical analysis. It highlights the importance of market positioning, liquidity, and Federal Reserve commentary in the absence of major economic data. The analysis provides potential price levels for each stock/ETF, indicating key support and resistance areas that traders should watch for potential volatility and market reactions.

benzinga_article·
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META
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TSLA
-2.99%
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SPY
-0.82%
benzinga_article·
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TSLA
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SPY
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X Corp sues social media startup over bid to claim 'Twitter' brand

X Corp has filed a lawsuit against a startup, Operation Bluebird, for attempting to cancel X's Twitter trademarks to launch a new platform. X Corp argues that its Twitter brand is still active and claims trademark infringement. Operation Bluebird, led by former Twitter lawyer Stephen Coates, seeks to use the Twitter brand for a rival platform. X Corp maintains that rebranding does not equate to abandoning trademark rights and seeks damages for potential consumer confusion.

Reuters·
US
TWTR
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Reuters·
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Watching Micron earnings today which will determine how AI tech will position prior to the CPI coming up Thursday.

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