OpenAI is going around Nvidia, planning to buy Google's AI chips. The biggest customer hedging its supplier is a demand signal question for $NVDA and a real win for Google's TPU ambitions.

What happened: OpenAI plans to buy Google's AI chips, according to a person familiar with the matter, boosting a rising competitor to Nvidia, an OpenAI backer. Why it matters: A deal for tensor processing units would be a big win for Google's chip business, a growing challenger to Nvidia GPUs that have dominated AI computing power. OpenAI has been one of Nvidia's most valuable customers.

OpenAI plans to buy Google's AI chips, according to a person familiar with the matter, boosting a rising competitor to Nvidia, an OpenAI backer.

A deal for tensor processing units would be a big win for Google's chip business, a growing challenger to Nvidia GPUs that have dominated AI computing power. OpenAI has been one of Nvidia's most valuable customers.