Clouds Build Their Own AI Chips

Microsoft’s CTO says the company intends to run the majority of its AI workloads on in‑house Maia accelerators, citing performance per dollar. A second‑generation Maia is slated for next year, alongside Microsoft’s custom Cobalt CPU and security silicon. — Vertical integration of AI silicon by hyperscalers could redraw market power away from Nvidia/AMD, reshape pricing and access to compute, and influence antitrust and industrial policy.