The proliferation of custom AI ASICs, or XPUs, from OpenAI, Meta, Microsoft, and others has led many to question Nvidia's grip on the market. After all, if everybody's building their own, who needs the GPUs the AI arms dealer has made its fortune on? But Nvidia isn't concerned in the least and has instead invited its competition to raid – or, rather, license – the GPU giant's IP holdings, particularly those related to networking. On Monday, MediaTek became the latest to embrace Nvidia's NVLink Fusion high-speed interconnect technology for its fledgling datacenter XPU offering. In exchange, Nvidia has invested $3.5 billion in convertible bonds issued by MediaTek. The GPU giant will also continue to license the Taiwanese SoC provider's...
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