Meta Platforms is scrapping its most ambitious in-house AI training processor. Significant technical and strategic setbacks drove the cancellation. This decision deepens the company's reliance on external suppliers Nvidia and AMD to power its AI infrastructure.
Meta has secured a five-year agreement with AMD for AI chip supply. The contract covers up to 6 gigawatts of AI chips. This deal is valued at potentially more than $100 billion. The partnership establishes AMD as a primary alternative to Nvidia for large-scale AI computing. This agreement serves as a cornerstone for Meta's future AI development.