Facebook Owner Meta to Buy AI Chips From AMD
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One tech titan possesses an edge over its digital advertising rival.
Meta Platforms, Inc. (META), headquartered in Menlo Park, California, is best known for owning and operating some of the world’s most influential social media and communication platforms, including Facebook,
An internal study performed by Meta found that parental involvement had little effect on their kids' problematic use of social media platforms, a witness testified Monday in New Mexico's case against
Netflix has fallen harder, but Meta's latest outlook sets a much higher near-term growth bar.
Initial deployments are scheduled to begin in 2H 2026, employing custom MI450-class GPUs optimized specifically for Meta’s AI training and inference workloads.
Meta’s rumored smartwatch launch adds a fresh hardware catalyst to an already profitable AI-driven advertising machine, but valuation and execution risks still matter.
Meta Platforms' big capex increase bodes well for this Nvidia cloud partner.