Summary
Meta plans to spend billions on Nvidia's new AI chips to use in its U.S. data centers. This makes Meta the first major tech company to buy Nvidia's standalone CPUs, which will be used for running AI rather than training it. The deal illustrates the ongoing demand for advanced computing power amid the growth of AI technology.
Key Facts
- Meta is purchasing Nvidia's new AI chips, spending tens of billions of dollars.
- Meta will buy a variety of chips, including standalone CPUs and next-gen GPUs.
- These chips will be used in Meta's data centers across the U.S.
- Meta is the first major tech company to commit to buying Nvidia's standalone CPUs.
- Financial details of the deal were not disclosed.
- The agreement indicates a shift towards using chips for running AI rather than training it.
- Meta is expected to spend approximately $135 billion on AI projects this year.
- The deal reflects the high demand for computing power necessary for AI advancements.
