AMD To Invest $1B In Meta Stock Offering As AI Partnership Expands — Helios Systems Now Running At Meta

Helios systems have been installed and are being tested by Meta ahead of a broader deployment. Meta is making major investments in computing power to enable the company to bring personal superintelligence to everyone, Zuckerberg said. Nvidia earlier announced a $3 billion investment in Meta's equity offering. Advanced Micro Devices (AMD) said Tuesday it will invest $1 billion in Meta Platforms' (META) equity offering as the chipmaker deepens its partnership with the Facebook parent to support its growing artificial intelligence (AI) infrastructure needs. AMD also announced that its Helios computing systems are running at Meta, while its EPYC processors power Meta's Muse AI agent.