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0.000287009063444191 0.000574018126888211 0.0013530211480363 0.000830815709969892 -0.00300604229607252 -0.000216465256797513 0.00329305135951671 0.00744395770392753
Stock impact report

Meta will adopt hundreds of thousands of AWS Graviton chips in latest AI infrastructure grab [CNBC]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: CNBC
The deal follows a combined $48 billion in artificial intelligence infrastructure commitments Meta made in recent weeks with CoreWeave and Nebius. Graviton will supply Meta with the sort of performance and efficiency that it needs, Meta's head of infrastructure said. In this article Around 3.6 billion people use Meta's applications every day, and the social networking company will be operating 32 data centers to handle the load with the completion of a new one in Oklahoma. But that's not enough. Amazon's cloud unit said Friday that Meta has agreed to use Amazon's general-purpose Graviton chips in a deal that will run for at least three years. The arrangement demonstrates Meta's willingness under CEO Mark Zuckerberg to splurge so it can meet high computing demand, alongside technology peers such as Alphabet and Microsoft . In recent weeks Meta has signed deals worth a combined $48 billion with CoreWeave and Nebius , both of which rent out access to Nvidia graphics processing Show less Read more
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