Meta inks multiyear Nvidia AI-chip deal to scale its data centers
TL;DR Summary
Meta struck a multiyear deal with Nvidia to expand its AI data centers with millions of Grace and Vera CPUs and Blackwell and Rubin GPUs, marking the first large Grace‑only deployment and promising significant performance‑per‑watt gains; Vera CPUs are planned for 2027. Meta is also pursuing in‑house AI chips, but has hit technical delays. The deal’s price wasn’t disclosed, and overall AI spending by Meta, Microsoft, Google, and Amazon this year is projected to exceed the Apollo program, amid Nvidia’s own depreciation and competition concerns.
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- Nvidia secures multibillion-dollar Meta deal as it battles chip rivals Financial Times
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