Meta secures $60 billion AI chip deal with AMD

theguardian.com

Meta has agreed to a $60 billion deal for AI chips from AMD, despite concerns about AI industry spending. The five-year agreement includes Meta purchasing 10% of AMD and receiving 6GW of chips, starting with MI450 hardware. Meta will also buy custom CPUs. This deal underscores the AI industry's demand for processors, with Meta also sourcing chips from Nvidia and developing its own.


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