Meta extends custom chips deal with Broadcom to power AI ambitions

What Happened

Meta extended its agreement with Broadcom to develop custom artificial intelligence processors through 2029. The deal includes over one gigawatt of computing capacity. Broadcom CEO Hock Tan will transition from Meta's board to an advisory role. Meta unveiled a roadmap of four new chips, with the first MTIA 300 already operational. The partnership uses Broadcom's networking technology to connect AI computer clusters.

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