Meta & Microsoft Will Buy AMD's New AI Chip

Summary
Meta and Microsoft have announced their joint plan to acquire AMD's new AI chip, signaling a significant shift in the tech industry's competitive landscape. This move aims to reduce their dependence on NVIDIA, a dominant player in the AI hardware market. AMD's innovative AI chip, dubbed "Aether," promises enhanced performance and power efficiency, making it an attractive alternative. Both Meta and Microsoft see this acquisition as a strategic investment in strengthening their AI capabilities, critical for their respective metaverse and cloud computing ambitions. This development highlights the growing importance of AI hardware in shaping the future of technology and platforms.
CNBC

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