AMD to invest $1bn in Meta as its Helios racks start running there
AMD is investing $1 billion in Meta's equity offering as part of an expanded partnership announcement. The investment follows Nvidia's separate $3 billion pledge to Meta. Additionally, AMD confirmed that its first Helios rack systems have begun running at Meta's infrastructure, supporting Meta's AI and data center expansion.
Key points
- AMD invests $1B in Meta equity
- AMD Helios racks now operational at Meta
- Part of broader Meta infrastructure investment wave (Nvidia also investing $3B)
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. The Next Web did the reporting; read the original for the full story.
Read the full story at The Next Web