Google just unveiled a new weapon against Microsoft and Amazon in the AI arms race

• Google announced the development of its own Arm-based CPU processor Axion.
• The move gives Google an edge in its competition with Amazon and Microsoft in the AI cloud race. 
• Google said Axion will deliver better performance and energy efficiency than prior chips.

Google has a new edge against competitors like Amazon and Microsoft: it's partnering with Arm to make more of its own chips.

Google announced its new CPU, called Axion, on Tuesday. It's following Amazon Web Services and Microsoft Azure in creating custom Arm-based processors.