META · News · 20261031N

AI Chip Supplier Partnership

Meta Platforms, Inc. · 2026-10-31 · Importance 48 · Surprise 42

AMD will invest $1 billion in Meta by purchasing Meta shares as the companies expand their partnership to provide computing power for Meta’s AI models. The reported collaboration builds on an earlier agreement under which AMD supplied Meta with Instinct GPUs and granted Meta a warrant to buy AMD shares. AMD’s first Helios rack-scale systems, each featuring 72 Instinct graphics processors, have been installed at Meta and are being tested.

Key facts

• Meta was a partner in Goldman Sachs' Small Business AI Institute, launched alongside a new $500 million commitment to its 10,000 Small Businesses program. source
• Corning has major agreements with Meta and Amazon for its fiber-optic cables for data centers. source