Former engineers from Google's secretive, next-generation chip project — also known as the Tensor Processing Unit — have left to join a startup also focused on new silicon chips to power machine learning and artificial intelligence technologies, CNBC reports. The startup, called "Groq," was founded by Chamath Palihapitiya, a well-known Silicon Valley venture capital investor.

Why it matters: Today's chips aren't efficient or powerful enough to handle the increasing data-processing demands of advanced computing. Intel, Qualcomm and Nvidia are already creating their own chips that can process data more efficiently, and Google said this month that AI applications running on its TPUs run 15-30 times faster than contemporary processors.

Uphill battle: Creating a new breed of silicon chip is extremely capital intensive with research-and-development costs alone. And finding manufacturing partners to use untested chips over those made by established brands is a daunting task.

Go deeper

Updated 14 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: The swing states where the pandemic is raging. Ex-FDA chief: Pence campaigning after COVID exposure puts others at risk — Mark Meadows: "We are not going to control the pandemic"
  2. Health: 13 states set single-day coronavirus case records last week — U.S. reports over 80,000 new cases for second consecutive day.
  3. Education: The dangerous instability of school re-openings.
  4. World: Australian city to exit one of world's longest lockdowns — In photos: Coronavirus restrictions grow across Europe
  5. Media: Fox News president and several hosts advised to quarantine after possible COVID-19 exposure
  6. Nonprofit: Rockefeller Foundation commits $1 billion for COVID-19 recovery
Erica Pandey, author of @Work
56 mins ago - Economy & Business

The dangerous instability of school re-openings

Illustration: Eniola Odetunde/Axios

Schools across the country have flip-flopped between in-person and remote learning — and that instability is taking a toll on students' ability to learn and their mental health.

The big picture: While companies were able to set long timelines for their return, schools — under immense political and social strain — had to rush to figure out how to reopen. The cobbled-together approach has hurt students, parents and teachers alike.

Dan Primack, author of Pro Rata
1 hour ago - Politics & Policy

Trump doesn't have a second-term economic plan

Illustration: Aïda Amer/Axios

President Trump has not laid out an economic agenda for his second term, despite the election being just eight days away.

Why it matters: This is unprecedented in modern presidential campaigns, and makes it harder for undecided voters to make an informed choice.