Big Law

Meta to Buy AI Chips from Advanced Micro Devices in Deal Worth Up to $100 Billion

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.

News of the AMD deal comes just days after Meta announced a long-term partnership where it will use millions of chips and other equipment from Nvidia for its artificial-intelligence data centers.

Read more at AP News

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