Source: Meta has signed a multiyear deal to rent Google's TPUs to develop new models and has also been in talks to buy TPUs for its data centers as soon as 2027
Meta Platforms has signed a deal to rent Google's AI chips, known as tensor processing units, to develop new AI models, according to a person involved in the talks.
How Meta's financing structure for its $27B Louisiana data center, which helps it keep debt off its books, hinges on some convenient accounting assumptions
“... a marvel of financial engineering: Meta Platforms is building a $27 billion data center in Louisiana, financed with debt, and neither the data center nor the debt will be on its own balance sheet...
EssilorLuxottica and Meta announce a 10-year deal to continue developing smart eyewear, after creating two generations of Ray-Ban glasses since 2019
EssilorLuxottica (ESLX.PA) said on Tuesday it had extended its partnership with Meta Platforms (META.O) by agreeing a 10-year deal to continue developing smart eyewear.
Source: Meta's Llama struggles to gain traction on AWS, where Claude is most popular; Microsoft only pitches Llama to clients with data expertise, per a staffer
Meta Platforms knows how to get brands like Away and Temu to buy advertisements on Facebook and Instagram. X: @theinformation X: @theinformation : Meta's Search for AI Clout Takes It Into New Terrain ...