Washington, United States, Feb 24, 2026 (AFP) - Meta, AMD agree to major AI chips deal

NAMPA / AFP

2026-02-24

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 com......

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