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AMD to invest $1bn in Meta as its Helios racks start running there

#thenextweb#meta#nvidia#shares#helios
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AMD will invest $1bn in Meta’s equity offering, the chipmaker said on Tuesday, 27 October. It made the pledge in a release on its partnership with Meta. AMD also said its first Helios rack systems are now running at Meta.

The money comes on top of Nvidia’s pledge to invest $3bn in Meta . That brings the two chipmakers to $4bn in total, CNBC reported . Both companies sell Meta the chips that run its AI services.

“With Helios now running at Meta, we are taking that partnership to a new scale in the superintelligence era,” said Lisa Su, chair and CEO of AMD.

What AMD says is running at Meta

Helios is AMD’s rack-scale system, which puts 72 GPUs per rack . Meta has installed the first Helios systems and is testing them, AMD said. It expects a broader deployment “in the near future”.

AMD’s EPYC processors support the computing behind Muse, Meta’s personal AI agent. Meta has deployed millions of EPYC chips over several generations, AMD said.…

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