In particular, Mr. Paoli needs a type of chip known as a graphics processing unit, or GPU, because it is the fastest and most efficient way to run the calculations that allow cutting-edge A.I. He’s tried making Docugami’s A.I. “I think about it as a rare earth metal at this point,” Mr. Paoli said of the chips. More than money, engineering talent, hype or even profits, tech companies this year are desperate for GPUs. The hunt for the essential component was kicked off last year when online chatbots like ChatGPT set off a wave of excitement over A.I., leading the entire tech industry to pile on and creating a shortage of the chips.

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Persons: Jean Paoli, Paoli, he’s, He’s, Mr