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Meta inks multibillion-dollar Amazon chip deal
Bloomberg Tech·
Meta Platforms has entered into a substantial multibillion-dollar agreement to lease hundreds of thousands of Amazon's internally developed general-purpose chips. These processors will be dedicated to supporting Meta's extensive artificial intelligence development efforts. This significant transaction highlights the growing demand for specialized AI hardware and signals a strategic partnership between two major technology firms, potentially influencing the broader market for AI infrastructure and chip manufacturing.
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chips
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Original Source
Bloomberg Tech — bloomberg.com