20 Jul 2026
29m

Google Plans New ‘Frozen’ AI Chip, Preventing Scams in the AI Era, 160 Software Startups For Sale

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The Information's TITV

Google is developing "Frozen," a specialized server chip designed to etch Gemini AI models directly into hardware, potentially increasing efficiency six to ten times over current TPUs by 2028. Meanwhile, the cybersecurity landscape faces a surge in AI-powered fraud, as criminals leverage generative tools to execute personalized, high-volume scams that have cost Americans nearly $200 billion in the past year. Concurrently, the enterprise software sector is undergoing a shift; a recent analysis of 160 startups highlights that while many firms struggle with reduced funding, those possessing proprietary data sets or AI-integrated workflows are increasingly attractive to big tech and private equity buyers. These developments underscore a broader trend where AI innovation simultaneously drives hardware efficiency, creates sophisticated security vulnerabilities for consumers, and reshapes the valuation and acquisition strategies within the software industry.

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