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Alphabet Shares Rise 1% on Report OpenAI Is Considering TPU Purchases

Alphabet shares rose 1% in overnight trading after a report said OpenAI was considering buying Google’s tensor processing units. Alphabet’s quarterly results were due the next day.

GOOG

Alphabet (GOOGL) shares rose 1% in overnight trading late on Thursday after a report said OpenAI was considering buying its AI chips, even as investors positioned ahead of the search giant’s quarterly results due the next day.OpenAI plans to buy Google's tensor processing units (TPUs), The Informat…