Google unveiled two new in-house chips, 8tx and 8i Max, to attract enterprise AI customers. The 8tx helps regulated industries protect sensitive data, while the 8i Max handles large information tasks. Google Cloud revenue grew to $30.71 billion in the September quarter, as the company expanded its specialized processor lineup.
Alphabet shares were up more than 2% in premarket trading. Through last close, the stock has fallen 9% so far this year.
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Google's TPUs have primarily been used internally for products such as Search, YouTube and Gemini, but the company has been making the chips available through its cloud business to attract enterprise AI customers.
TPU sales made a meaningful contribution to results in the September quarter, according to Alphabet, with Google Cloud revenue more than doubling to $30.71 billion.
The new chips, 8tx and 8i Max, are redesigned versions of existing processors tailored for specific customer needs, according to the company. Bloomberg News first reported the development earlier in the day.
The 8tx is aimed at government agencies and companies in regulated industries that need to keep sensitive data protected while it is being processed.
The 8i Max, meanwhile, is designed for AI applications that need to process very large amounts of information at once.
It combines two chips into a single package to provide additional memory and computing power, the company said, making it well suited for coding assistants, mathematical reasoning and drug-discovery tasks.