Meta Platforms Expands AI Chip Partnership with Broadcom
Meta Platforms (META) has expanded its AI chip partnership with Broadcom (AVGO) to develop multiple generations of custom AI processors through 2029. The deal includes an initial commitment of over 1 gigawatt of computing capacity and involves Hock Tan stepping down from Meta's board. The partnership aims to support AI features across Meta's apps and build a computing foundation for personal superintelligence.
Topics: AI development chip manufacturing computing capacity corporate partnerships executive changes