Will AI-Chip Startup With Google Pedigree Take On Intel, Nvidia?

Top artificial intelligence engineers at Alphabet's (GOOGL) Google are leaving to form a startup that aims to develop AI-based chips that could challenge Nvidia, Intel and perhaps Apple (AAPL) down the road.

CNBC reported that Chamath Palihapitiya, a Silicon Valley venture capitalist, is backing the startup. Called Groq, the startup's founders include Google engineers that developed the internet giant's tensor processing unit, or TPU, for use in data centers, self-driving cars, and other...

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