PANews reported on March 2nd that ARK Invest, the investment management firm owned by Cathie Wood, recently predicted that Nvidia will face increasingly fierce competition in the coming years, with custom AI chips expected to account for more than a third of the computing market by 2030. Meanwhile, Google continues to position its Tensor Processing Unit (TPU) as an alternative to Nvidia GPUs, and reports indicate that Meta has agreed to lease TPUs for advanced AI development.