Meta has agreed to deploy up to 6 gigawatts of AMD Instinct GPUs to build out its AI technology development and models.

Advanced Micro Devices (AMD.O) said on Tuesday it has agreed to sell up to $60 billion worth of artificial intelligence chips to Meta Platforms (META.O) over five years in a deal that allows the Faceb...

As part of the arrangement, AMD granted Meta performance-based warrants covering up to 160 million AMD shares, which vest upon meeting shipment-related milestones tied to Instinct GPU deployments.