Technology market rivals tighten business relations

OpenAI and Google are deepening their business relationship amid competition in the AI market. OpenAI has started renting Google's AI chips and plans to offer advanced AI models via Google Cloud. Major tech companies, including Amazon and Microsoft, are investing heavily in AI infrastructure, with a combined budget of up to $600 billion this year. Google is also selling its Tensor Processing Units (TPUs) to clients, including competitors like Anthropic. Alphabet's quarterly results are anticipated, with investors looking for signs of profitability from AI investments. OpenAI is developing its own AI chips in collaboration with Broadcom, set to launch by the end of 2026.