"Nvidia Faces Competition as Tech Rivals Enter A.I. Chip Market"

Amazon, Google, Meta, and Microsoft are developing their own specialized computer chips for artificial intelligence in an effort to reduce their reliance on Nvidia, which currently dominates the market. The move comes as these tech giants seek to control costs, eliminate chip shortages, and potentially offer their chips to businesses using their cloud services. While Nvidia sold 2.5 million chips last year, Google spent $2-3 billion building its own A.I. chips, Amazon invested $200 million, and Microsoft is testing its first A.I. chip.