Thursday, 26 February, 2026
Meta to Acquire $100 Billion in AI Chips from AMD to Power Next-Gen Models
In a massive industry shift, Meta has reportedly entered a deal worth up to $100 billion to purchase AI chips from AMD. This strategic move aims to diversify Meta's hardware supply chain and reduce its heavy reliance on Nvidia’s dominant GPUs. By securing these advanced processors, the social media giant plans to accelerate its development of generative AI features.
Read full story at Economic Times