AMD shares surge as Meta commits to buying millions of GPUs in bid to catch up with Google and Microsoft
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AMD shares surge as Meta commits to buying millions of GPUs in bid to catch up with Google and Microsoft
WASHINGTON, Feb 25 — American tech giant Meta has reached an agreement to purchase millions of powerful AI chips from processor manufacturer AMD, in which it could become a major shareholder, the two companies announced Tuesday. The Facebook and Instagram giant is on a massive spending spree as it »»»
Meta strikes $100b AMD chip deal to power next-gen AI push
Meta has struck a multiyear chip agreement with Advanced Micro Devices (AMD) that could be worth as much as $100 billion, marking one of the largest artificial intelligence infrastructure deals to date as the social media giant accelerates its push toward advanced AI systems and what CEO Mark Zucke»»»
Meta, AMD agree to major AI chips deal
Meta’s doubling-down on AI is seen by some investors as a riskier bet than that of other tech giants. (AFP pic) WASHINGTON: American tech giant Meta has reached an agreement to purchase millions of powerful AI chips from processor manufacturer AMD, in which it could become a major shareholder, the »»»
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