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It's a strange setup for Meta Platforms, Inc. META right now. On one hand, their first quarter numbers look strong—arguably stronger than peers. On the other, the stock still trades like something is missing.
Amazon.com Inc. and Meta Platforms Inc. have struck a multibillion-dollar deal for the social-media giant to rent hundreds of thousands of Amazon’s general-purpose chips for its AI efforts.
In the latest big AI deal, Meta has inked a multibillion-dollar deal to use Amazon's new AWS Graviton chips, which are CPUs, not GPUs.
Meta Platform is ramping up its investment in artificial intelligence in an ambitious attempt to catch up with rivals Amazon and Alphabet and capture a greater share of
Meta has entered into a multiyear agreement to deploy Amazon’s Graviton chips to power its AI capabilities. Amazon’s Graviton is a central processing unit (CPU) rather than a
The Department of Defense's agreements will enable AI from the likes of Google and OpenAI to run on top-secret military networks.