1 of 1
Story summary
- Meta and Broadcom extended their partnership to design custom AI accelerators through 2029, with an initial deployment of 1 gigawatt and plans to scale to multi-gigawatt capacity by 2027.
- Broadcom CEO Hock Tan will not seek reelection to Meta's board.
- The deal follows Meta's plan to invest up to $135 billion in AI this year amid competition from Google and Amazon.
- Meta has deployed AMD and Nvidia chips and is building 31 data centers, mostly in the United States.
