Nvidia-Google AI Chip Rivalry Escalates on Report of Meta Talks

Meta Platforms Inc. is in talks to spend billions on Google’s AI chips, the Information reported, adding to a monthslong share rally as the search giant has made the case it can rival Nvidia Corp. as a leader in artificial intelligence technology.

A deal would signal growing momentum for Google’s chips and long-term potential to challenge Nvidia’s market dominance, after the company earlier agreed to supply up to 1 million chips to Anthropic PBC.

Google owner Alphabet Inc. is on track to hit a $4 trillion market valuation for the first time when trading opens in New York on ...