If the current reports are true, it looks like the first Android Silver smartphone will be made by LG, a closer partner of Google. The new LG smartphone is powered by Qualcomm's MSM8994, which should be the super-quick Snapdragon 810.
The weirder part of this rumor, is that it will be exclusive to Sprint. The weirdness continues, with evleaks tweeting that the Nexus 6 will not happen, and that the Nexus series is dead. The Silver Certification program at Google will reportedly take over, as it will limit companies from putting bloatware onto their phones, such as the Galaxy S5 and all of its pre-installed apps.
Google's new initiative has stemmed from Samsung reportedly being called into the Google HQ, with the search giant telling Samsung that it wasn't happy with the gimmicky apps it was installing onto its smartphones. Considering Samsung is the biggest Android-based seller, most peoples perceptions of Android come from a Galaxy-branded handset. The included bloat and non stock Android UI is a real downer for Google, something it looks to change very soon.