Google's New AI Computer to Challenge Nvidia Competitor
Google revealed details of its new artificial intelligence supercomputer Wednesday. The tech giant said that it uses more than 4,000 of its AI chips to train the system and that it uses less power than Nvidia's competing chip.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.