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Bloomberg Technology

Apple's Chip Partnership, Sky High Valuation for SpaceX

Dec 11, 2024
Mark Wade, CEO of IR Labs, dives into the exciting world of AI chip technology and Apple's partnership with Broadcom. He elaborates on how this collaboration could reshape the tech landscape. The discussion also reveals SpaceX's soaring valuation of $350 billion, a testament to its groundbreaking advancements. Wade highlights the competitive dynamics among tech giants like Nvidia, AMD, and Intel as they invest in innovative startups, revolutionizing chip production while addressing the increasing energy demands from AI.
42:53

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Quick takeaways

  • Apple's collaboration with Broadcom marks a strategic pivot towards developing in-house AI chips to enhance device performance and connectivity.
  • SpaceX's valuation skyrockets to $350 billion, driven by investor confidence and political factors, indicating strong future prospects for the company.

Deep dives

Apple's AI Server Chip Development

Apple is actively developing its own AI server chips in collaboration with Broadcom, marking a significant shift in its approach to technology. These chips are intended for use in enhancing AI capabilities across its devices, with reports suggesting that Apple has been modifying its existing M2 and M4 chip designs for cloud-based AI processing. This move indicates Apple's commitment to in-house technologies that prioritize performance and connectivity, especially as it looks to integrate advanced AI features into its products. With Broadcom’s expertise in networking technologies, this partnership aims to enhance Apple's infrastructure for AI applications and strengthen its overall competitive position in the market.

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