The big tech companies—Amazon, Microsoft, Alphabet, Meta—are all investing heavily to develop their own AI chips in order to lessen their dependence on Nvidia.
What Nvidia has built is difficult, but not impossible, to replicate. A resurgent AMD is emerging as a credible alternative provider of advanced GPUs, with its cutting-edge new MI300 chip about to become widely available. The big tech companies—Amazon, Microsoft, Alphabet, Meta—are all investing heavily to develop their own AI chips in order to lessen their dependence on Nvidia. OpenAI’s Sam Altman is seeking up to trillions of dollars of capital to build a new chip company in order to diversify the world’s supply of AI hardware.