Meta's New Deal with Nvidia Buys Up Millions of AI Chips

Meta has struck a multiyear deal to expand its data centers with millions of Nvidia's Grace and Vera CPUs and Blackwell and Rubin GPUs. While Meta has long been using Nvidia's hardware for its AI products, this deal "represents the first large-scale Nvidia Grace-only deployment," which Nvidia says will deliver "significant performance-per-watt improvements in [Meta's] [AI] products."

The deal is a significant move for both companies, as it will allow Meta to further expand its AI capabilities and Nvidia to increase its sales of high-performance computing hardware.

The agreement is a multiyear deal, with no specific details on the length of the contract. However, it is expected to be a long-term partnership between the two companies.

The deal is also significant for the AI industry as a whole, as it will provide a major boost to the development of AI technology. With the increasing demand for AI-powered products and services, the deal is expected to have a major impact on the industry.

The deal was announced by Nvidia and Meta in a joint statement, with both companies expressing their excitement about the partnership.

"We are thrilled to be working with Meta to bring the power of Nvidia's AI hardware to their data centers," said Jensen Huang, CEO of Nvidia. "This deal represents a major step forward for the AI industry and we are excited to be a part of it."

"We are excited to be working with Nvidia to expand our AI capabilities," said Mark Zuckerberg, CEO of Meta. "This deal will allow us to further accelerate our AI research and development and bring new AI-powered products and services to market."

The deal is expected to have a major impact on the AI industry, with many experts predicting that it will lead to significant advancements in AI technology.

Sources

[5] Meta's new deal with Nvidia buys up millions of AI chips