Nvidia Tumbles as Big Tech Bets Big on Its Own AI Chips
Nvidia fell as big tech boosts AI spending but builds its own chips, reducing reliance on Nvidia despite higher overall investment.
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#META↓
Strong Q1 Results, But Meta Warns: Higher AI Costs & Legal Risks Ahead
Meta is spending more on AI, beating revenue expectations, growing users, but faces legal risks and investor concerns over rising costs.
Meta Just Handed AWS a Massive Win: Tens of Millions of Graviton Chips to Power Agentic AI
Amazon and Meta struck a big deal: Meta will use AWS Graviton chips to run AI systems faster, cheaper, and more efficiently.
Meta’s MTIA AI Chip Powers Up: Broadcom Partnership Unlocks Multi-Gigawatt 2nm Rollout
Broadcom and Meta announced a multi-year partnership to power multi-gigawatts of custom MTIA AI chips through 2029.
CoreWeave Lands $21 Billion Mega-Deal with Meta to Power AI Until 2032
CoreWeave expands $21B deal with Meta for AI cloud power, adds NVIDIA chips, raises funds via bonds to fuel growth.
Meta Just Launched Muse Spark – Its New AI to Take On ChatGPT
Meta launched Muse Spark, a fast new AI for its apps. It’s free for now, supports chat and shopping, but still trails top AI rivals.