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.
Meta Platforms (NASDAQ:META | META Price Prediction) has struck a multiyear deal with Advanced Micro Devices (NASDAQ:AMD) to deploy up to 6 gigawatts of AMD GPUs and AI-optimized CPUs across its AI ...
AMD and Meta struck a partnership that promises AMD will deliver hundreds of thousands of GPUs for Meta's data centers.
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Meta is buying billions of dollars in AMD AI chips in a multiyear deal tied to a 160 million-share warrant, deepening its push to diversify beyond Nvidia and expand data center capacity.
Initial deployments are scheduled to begin in 2H 2026, employing custom MI450-class GPUs optimized specifically for Meta’s AI training and inference workloads.
On Tuesday, AMD and Meta, the parent company of Facebook, announced a multi-year, multi-generation partnership to scale ...
Advanced Micro Devices shares surged Tuesday after the chipmaker said it struck a big AI chip deal with Meta Platforms.
The multibillion-dollar deal is AMD’s latest move to catch up to Nvidia in the lucrative world of selling artificial ...
NVIDIA shifts focus from gamer GPUs to AI data centers; lower card production, prices stay elevated, buyers face fewer in-stock options ...
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