According to ZDNet, Google has signed a customized AI chip development and supply agreement with Marvel, granting Google approximately 59 million shares of common stock subscription rights. Google has exercised all rights to invest a total of $12.18 billion. Google will acquire stock options in stages based on the scale of Marvel's product procurement, with most of the rights gradually granted for each $500 million product purchased. If Google meets all procurement conditions, Marvel can earn up to $120 billion in cumulative revenue. Marvel will provide customized chips for Google, including AI inference accelerators, storage and network interfaces, memory interface controllers, and near memory computing. This collaboration does not replace the partnership between Google and Broadcom.
