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International Business Times UK
International Business Times UK
Technology
Tanmay Puri

AI Shocker: Nvidia Loses £195 Billion as Google Unveils Its Own Superchips

Nvidia Google Meta United States
Nvidia faces massive market crash losing billions as Google advances AI technology (Credit: AFP News)

The world of artificial intelligence (AI) just got a massive jolt. Nvidia which is till today seen as the undisputed king of AI hardware has suffered a staggering hit to its market value after a new wave of competition emerged from Google.

Reports say that Meta Platforms (formerly Facebook) is exploring large-scale adoption of Google's AI chips have shocked investors, wiping out nearly a quarter-trillion dollars (around £195 billion) of value from Nvidia almost overnight. This brutal fall has triggered a complete rethink of how the AI hardware race might evolve. But Nvidia's response is also game changing.

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