According to CoinMeta, Google has signed a custom AI chip development and supply agreement with Marvell. Marvell has granted Google approximately 59 million ordinary share options, with Google exercising all rights to invest a total of $12.18 billion. Google will receive the options in phases based on the scale of Marvell product purchases, with most of the options being granted gradually for every $500 million in product purchases. If Google meets all the purchase conditions, Marvell could potentially earn up to $120 billion in revenue. Marvell will supply Google with custom chips such as AI inference accelerators, storage and network interfaces, memory interface controllers, and near-memory computing components. This collaboration does not replace Google's partnership with Broadcom.