Google plans new chip to run Gemini models more efficiently, the Information reports

July 20 : Google is developing a new server chip that would incorporate elements of its Gemini model directly into the hardware, in a bid to serve its AI models more efficiently to users, the Information reported on Monday, citing people familiar with the matter.The Alphabet-owned company expects the new chip, informally dubbed "Frozen v2," to help address an AI computing capacity crunch that has fueled internal tensions and prompted Google Cloud to decline deals with outside customers, the report said.Shares of Alphabet were up 3 per cent in early trading. Here are some details: • Google plans to deploy the chip as soon as 2028, though engineers are still finalizing its design and the amount of model information that will be hardwired, the report said.• The chip could be six to 10 times m