OpenAI plans to buy Google’s AI chips

OpenAI is eyeing a potential acquisition of Google's AI chips, according to a report by The Information. The technology companies are boosting their investments in data centers and semiconductors to keep up with the growing demand for AI computing power. The planned purchase would strengthen the bond between OpenAI and Alphabet's Google, despite their competitive nature in AI products and search.

However, the financial details of the potential deal are not disclosed at this time. Google has not yet commented on the report, while OpenAI declined to provide any statement. Previously, OpenAI had been renting Google's AI chips, specifically their Tensor Processing Units (TPUs), which have emerged as a cost-effective and suitable alternative to Nvidia's leading AI chips.

Google plans to sell TPUs directly to some customers starting this year. Alphabet will announce its quarterly earnings later on Wednesday, with investors closely watching for indications of sustained growth in Google's cloud business driven by its substantial AI investments.