AMD wants to be the big alternative to NVIDIA in AI chips, and Meta has a plan involving both
Meta and AMD have entered into a significant agreement for artificial intelligence chips, signaling a major push for AMD to challenge NVIDIA's dominance. This partnership underscores a growing trend of tech giants investing heavily in specialized hardware to power their AI initiatives and expand the "circular financing" ecosystem around AI development. The deal highlights a strategic effort to diversify supply chains and foster competition within the critical AI hardware market. The agreement involves Meta purchasing AMD chips capable of powering data centers with up to six gigawatts of computational power over the next five years. Preliminary estimates suggest the total value of this contract could exceed $100 billion, with initial deliveries slated for the second half of 2026, beginning with AMD's new MI450 chips. This substantial commitment represents a significant revenue stream for AMD and aims to provide Meta with the necessary infrastructure for its advanced AI research and deployment. Beyond chip procurement, the partnership includes AMD granting Meta warrants to acquire up to 160 million AMD shares at a nominal price. This provision could lead to Meta becoming a significant shareholder in AMD, contingent upon the achievement of specific technical and commercial milestones, including a target share price of $600. The news has already seen a positive reaction in AMD's stock market performance, reflecting investor confidence in the long-term implications of this strategic alliance.
Curated and translated by Europe Digital for our multilingual European audience.
Source Information
European Alternatives You Might Like
Pixelfed
Pixelfed is a decentralized, open-source social media platform for sharing images. Users can upload and share photos, follow other users, and interact through likes, comments, and shares. Utilizing the ActivityPub protocol, Pixelfed allows for federation, enabling users to interact with individuals on other compatible platforms. It is designed for photographers and anyone seeking a privacy-focused, community-driven alternative to centralized image-sharing services.
Element (Matrix)
Element is a secure, decentralized communication platform built on the Matrix protocol. It allows users to send end-to-end encrypted messages, share files, and participate in group chats. Key features include voice and video calls, bridging with other communication platforms like Slack and Discord, and the ability to host your own server for enhanced privacy and control. Element is suitable for individuals, teams, and organizations seeking secure and private communication, and is particularly beneficial for those who value data sovereignty and open-source solutions.
SoundCloud
SoundCloud is a digital audio distribution platform where users can upload, promote, and share their original music and audio. Key features include music streaming, direct messaging, commenting, and the ability to follow artists and playlists. This platform is primarily used by independent musicians, DJs, and podcasters to share their work, connect with listeners, and build an audience. SoundCloud offers a vast library of user-generated content, providing access to a wide range of music and audio not always available on other streaming services.
Ecosia
Ecosia is a search engine that utilizes ad revenue to fund tree-planting initiatives. Users can perform web searches using the same technology as Bing, accessing search results, images, videos, and news. A counter displays the number of trees planted through user searches, and the company reports on its financial activities, including its impact on the environment and carbon neutrality. Ecosia's primary benefit is its commitment to environmental sustainability, appealing to users who want to support reforestation efforts while browsing the internet.