Meta Platforms, the company behind Facebook and Instagram, announced a major deal to buy artificial intelligence chips from ...

The deal would also give Meta a warrant to acquire up to 10% of AMD’s shares as the Facebook parent company purchases ...

Is AMD giving away the store?

The multibillion-dollar deal is AMD’s latest move to catch up to Nvidia in the lucrative world of selling artificial ...

Meta is buying billions of dollars in AMD AI chips in a multiyear deal tied to a 160 million-share warrant, deepening its push to diversify beyond Nvidia and expand data center capacity.

Meta expands partnership with Nvidia in a deal likely worth tens of billions, for deploying millions of GPUs and new standalone CPUs in AI data centers ...

On Tuesday, AMD and Meta, the parent company of Facebook, announced a multi-year, multi-generation partnership to scale ...

Meta will spend billions of dollars on AI chips from Advanced Micro Devices and take a significant stake in the company. Meta ...

By Max A. Cherney, Stephen Nellis and Zaheer Kachwala SAN FRANCISCO, Feb 24 (Reuters) - Advanced Micro Devices said on Tuesday it has agreed to sell up to $60 billion worth of artificial intelligence ...

Meta has agreed to buy 6 gigawatts' worth of AMD's artificial intelligence chips, the companies said on Tuesday.

AMD has secured Meta as a customer for its Helios rack-scale system, as Nvidia's Blackwell faces heightened competition.

OpenAI executives have repeatedly signaled, both publicly and privately, that the only factor limiting the company’s revenue growth is access to computational resources. Chief Financial Officer Sarah ...