Competition with Nvidia and OpenAI? Alphabet owns lesser-known AI chip unit and an AI business called DeepMind!

According to a report by Barron's, Google's parent company Alphabet (GOOG/GOOGL) has a business in artificial intelligence chips that could not only compete with Nvidia (NVDA) but also be the most valuable part of the internet search company, says stock analyst Gil Luria. On Friday, Alphabet's stock closed above the important mark of $200 for the first time, as investors grow increasingly optimistic about the company's prospects in the field of artificial intelligence. AI Chip Business with TPU Chips Similar to Nvidia The internet giant Alphabet,...