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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Uma Rajagopal

    Posted on June 12, 2024

    Featured image for article about Top Stories

    How Apple used Google’s help to train its AI models

    By Max A. Cherney

    SAN FRANCISCO (Reuters) – On stage on Monday CEO Tim Cook’s Apple announced a splashy deal with OpenAI to include its powerful artificial intelligence model as a part of its voice assistant, Siri.

    But in the fine print of a technical document Apple published after the event, the company makes clear that Alphabet’s Google has emerged as another winner in the Cupertino, California, company’s quest to catch up in AI.

    To build Apple’s foundation AI models, the company’s engineers used its own framework software with a range of hardware, specifically its own on-premise graphics processing units (GPUs) and chips available only on Google’s cloud called tensor processing units (TPUs).

    Google has been building TPUs for roughly 10 years, and has publicly discussed two flavors of its fifth-generation chips that can be used for AI training; the performance version of the fifth generation offers performance competitive with Nvidia H100 AI chips, Google said.

    Google announced at its annual developer conference that a sixth generation will launch this year.

    The processors are designed specifically to run AI applications and train models, and Google has built cloud computing hardware and software platform around them.

    Apple and Google did not immediately return requests for comment.

    Apple did not discuss the extent to which it relied on Google’s chips and software compared with hardware from Nvidia or other AI vendors.

    But using Google’s chips typically requires a client to purchase access to them through its cloud division, much in the same way customers buy computing time from Amazon.com’s AWS or Microsoft’s Azure.

    (Reporting by Max A. Cherney; Editing by Sandra Maler)

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