AICNBC2h ago
AMD says it will invest $1B in Meta's equity offering, its first Helios
AMD says it will invest $1B in Meta's equity offering, its first Helios rackscale systems are installed at Meta, and its EPYC CPUs power Meta's Muse AI agent
TL;DRAMD investing $1B in Meta while supplying chips for Meta's AI infrastructure.
Why it matters: Signals major chip maker confidence in Meta's AI strategy and deepens AMD's challenge to Nvidia's AI dominance.
Nvidia and Advanced Micro Devices have said they will invest a total of $4 billion in Meta after the social media …
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