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Alphabet secures new revenue stream through sales of proprietary AI chip TPU

The Motley Fool +1 · ·by G4L

GOOGL Alphabet Inc
$288.15 +1.18%
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  1. 1Alphabet began selling TPU systems directly to customers starting this year.
  2. 2Alphabet recognized its first revenue from TPU system sales in the second quarter.
  3. 3Citizen analyst projected Alphabet could record approximately $3 billion in TPU-related infrastructure revenue this year and $25 billion next year.

So what's the key point?

Alphabet has started selling AI chip systems directly to customers. Related revenue is expected to reach $25 billion next year.

Source The Motley Fool +1 · View original ↗

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