Google has released TorchTPU, its version of PyTorch that enables AI apps to run on Google's Tensor Processing Units (TPUs). This open-source project allows developers to easily migrate existing PyTorch apps to Google's AI chips and cloud with minimal changes. Alongside Amazon's similar TorchNeuron for its Trainium chips, these moves aim to reduce Nvidia's stronghold on AI hardware. Google also collaborated with major AI tool makers and launched support tools to ease the transition, signaling a growing competition in AI chip ecosystems.
Nvidia leads with a market cap of $5.24 trillion, followed by Alphabet at $4.19 trillion and Amazon at $2.83 trillion as of Oct 21, 2026 01:51 WIB. Despite Google's new AI chip initiative, GOOGL shares dropped 1.24% on Pluang, while Nvidia's stock fell 0.18% and Amazon's was nearly flat with a 0.03% rise. Pluang users show strong buying interest in Nvidia and Alphabet, with 71% and 72% buy orders respectively, compared to 43% for Amazon.
Former Google CEO Eric Schmidt invested tens of millions in AI startup Anthropic in 2021, acquiring about 1% ownership. With Anthropic's valuation potentially reaching $2 trillion ahead of its IPO, Schmidt's stake could be worth up to $20 billion, si...
Alphabet Inc. plans to increase capital spending on AI infrastructure, which is expected to push free cash flow margins into negative territory despite revenue growth. The company anticipates stronger sales of its TPU hardware system by 2027, but low...
American Electric Power (AEP) has a $147 price target from BTIG, implying a 17.9% upside from its current $124.72 price. The company is advancing a 960-megawatt nuclear project in Indiana with funding and power purchase support from Amazon, and a $4 ...
Microsoft announced its in-house AI models now deliver performance comparable to OpenAI's at just a quarter of the cost, significantly improving efficiency for enterprise customers. This cost advantage supports Microsoft's strong cloud growth, with A...
The Nasdaq Composite rose over 1% led by gains in tech giants Nvidia, Tesla, and Alphabet, signaling a cautious return of investor confidence in U.S. tech stocks after recent sell-offs. In contrast, Asian tech markets declined sharply, with South Kor...
