AMD to invest US$1 billion in Meta's stock sale as Helios racks enter testing
AMD is backing one of its largest AI customers with capital and chips. Alongside an update on its hardware work with Meta, the chipmaker said on October 27 that it will invest US$1 billion in Meta's equity offering, joining Nvidia in buying into the social media company's fundraising for AI infrastructure.
Reported so far by one publisher.
Summary from DigiTimes.
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DigiTimes AMD to invest US$1 billion in Meta's stock sale as Helios racks enter testing · DIGITIMES