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Alphabet's (GOOGL) Google is looking to live up to its name of cosmic scale as the company is set to test its artificial intelligence (AI) chips in low Earth orbit. As part of its ambitious Project Suncatcher, the company's in-house Trillium Tensor Processing Unit (TPU) chips will be transported in SpaceX's (SPCX) Transporter-18. Planet, an Earth-imaging and aerospace company known for operating large constellations of Earth-observation satellites, will also be partnering with Google on this mission.
Like SpaceX, Google is looking to build AI infrastructure in space and has plans to eventually put scores of its TPUs there. However, this recent news has not been enough to jolt GOOGL stock to life just yet. The stock remains up 9% on a year-to-date (YTD) basis, underperforming the S&P 500's ($SPX) rise of 12%.
