[Google and Marvell Reach Custom AI Chip Collaboration, Investment Scale Reaches $12.18 Billion] Odaily Planet Daily News: Google has signed a custom AI chip development and supply agreement with semiconductor design company Marvell. Marvell has also granted Google subscription rights for approximately 59 million new common shares. If Google exercises all rights, the investment scale will reach $12.18 billion. Google will obtain subscription rights in phases based on the scale of Marvell product purchases, with most rights granted incrementally for every $500 million worth of products purchased. If Google meets all purchase conditions, Marvell could accumulate revenue of up to $120 billion. Marvell will supply Google with custom chips for AI inference accelerators, storage and network interfaces, memory interface controllers, and near-memory computing. Previously, Google primarily collaborated with Broadcom to develop TPU and AI infrastructure chips, and the two parties have signed a joint development agreement extending until 2031. This collaboration does not replace Broadcom. (ZDNet)