Meta, AMD agree to major AI chips deal
The Hindu
Meta has reached an agreement to purchase millions of powerful AI chips from processor manufacturer AMD
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 battles to keep up with Google, OpenAI and Microsoft in the generative AI race sparked by the release of ChatGPT in 2022.
Meta's deal with AMD comes only days after the company led by Mark Zuckerberg said it had agreed to deploy millions of processors over the next few years from AMD rival Nvidia.
The five largest US cloud and AI infrastructure providers - Microsoft, Alphabet, Amazon, Meta, and Oracle - have collectively committed to spending more than $650 billion on capital expenditure in 2026, nearly doubling 2025 levels.
AMD has committed to supplying Meta with up to six gigawatts worth of graphics processing units (GPUs), chips fundamental to powering artificial intelligence. AMD's stock jumped 6.5 percent at opening on Wall Street.
No dollar figure was provided in the joint communique, but the transactions represent a "double-digit" amount in billions of dollars, AMD CEO Lisa Su told analysts, according to Bloomberg.
The Clamorous reed warbler is as loud as they come, but in the urban environment, it is outshouted. Weed clearing in urban habitats brings down its home, the bulrushes. Bulrushes in wetlands are not encroachments, but ‘legal homes’ to birds in the crake and rail family and warblers, so government line agencies ought to tread on them thoughtfully
Uttar Pradesh ATS arrests a dental student for alleged connections to an ISIS online module, probing extremist recruitment activities.
Rajinikanth refutes TVK leader's claims about DMK threats preventing his political entry, expressing gratitude to supportive political figures.
Tamil Nadu CM Stalin celebrates the Union government's approval for archaeological excavations, crediting DMK's persistent advocacy for the win.
Dilip Ghosh will contest Kharagpur Sadar in the 2026 West Bengal polls, aiming for increased BJP votes.
A hotel fire in Pahalgam leads to one death from a reversing fire tender; multiple LPG blasts hinder firefighting efforts.
The Clamorous reed warbler is as loud as they come, but in the urban environment, it is outshouted. Weed clearing in urban habitats brings down its home, the bulrushes. Bulrushes in wetlands are not encroachments, but ‘legal homes’ to birds in the crake and rail family and warblers, so government line agencies ought to tread on them thoughtfully
The people of at least one State will heave a sigh of relief now that the schedule for five Assembly elections — all in April — has been announced.
Four charred bodies discovered in a car near Tirunelveli; police investigate potential murder or suicide.
Five insurgents linked to PREPAK and KYKL arrested near India-Myanmar border; explosives and arms recovered in separate operation.
A.P. DGP pays tribute to Potti Sriramulu on his 125th birth anniversary, honouring his sacrifice for a separate Andhra Pradesh.
Discover the cultural and health significance of neem and jaggery during Ugadi, explained by author Ratna Rajaiah.
A minor fire at Thiruvananthapuram government hospital led to patient evacuations; no casualties reported, situation now under control.