Meta is still growing fast and producing significant cash, but investors seem spooked by the social media company's capital-intensive AI spending spree.

Meta will take a stake in the chipmaker in exchange for a commitment to buy billions of dollars' worth of AI chips.

Facebook owner Meta Platforms will buy artificial intelligence chips from Advanced Micro Devices in a deal that will also give it the opportunity to buy up to a 10% stake of the chip company.

The multibillion-dollar deal is AMD’s latest move to catch up to Nvidia in the lucrative world of selling artificial ...

AMD gave up equity in its deals with Meta and OpenAI. Nvidia shareholders should be glad it doesn't need to go there.

If exercised, Meta could own up to 10% of AMD's outstanding stock. AMD struck a similar six-gigawatt deal with OpenAI late last year, which gave the start-up the option to purchase up to 160 million ...

Meta’s multibillion-dollar chip deal could hand the social media giant a sizable stake in one of Nvidia’s fastest-rising competitors.

The slightly more detailed version is that if AMD issues all 160 million shares to Meta, that would then represent a roughly 10% holding in the company. Right now, AMD is worth about $350 billion, and ...

The KDE Plasma desktop environment is available in the new version 6. It is based on Qt 6, activates Wayland by default, and ...