Meta and AMD announce 6-gigawatt GPU deal as part of AI build-out, AMD stock jumps

In a major move to fuel its artificial intelligence expansion, a leading social media company has entered into a multiyear agreement with a prominent chipmaker to purchase AI graphics processing units (GPUs) equivalent to a massive 6 gigawatts of power. The deal, announced on a Tuesday, sent the chipmaker’s stock surging as much as 10% […]

Nvidia and Meta expand GPU team up with millions of additional AI chips

In a significant move for the artificial intelligence industry, Nvidia and Meta have announced an expanded, multi-year partnership. The deal will see Nvidia provide the social media giant with millions of its next-generation Blackwell and Rubin graphics processing units (GPUs), along with its central processing units (CPUs) and networking technology. The plan is for Meta […]