Meta has announced a significant expansion of its partnership with Nvidia by purchasing millions of AI processors over the coming years, signaling a deepening commitment to artificial intelligence technologies.
Meta has reaffirmed its commitment to Nvidia, a leader in AI processors, by announcing the purchase of millions of these processors in the years ahead. This deal, the details and total value of which have not been disclosed, highlights Meta's growing reliance on Nvidia's technology for its operations. According to a Bloomberg report, Meta alone accounted for 9% of Nvidia's total revenue last year, contributing approximately $19 billion to Nvidia's financial results in the previous fiscal year.
The agreement includes a provision for Meta to acquire a range of leading chips designed for processing current-generation AI data, specifically the Blackwell architecture and the upcoming Vera Rubin chips, in addition to Nvidia's Grace central processing units. This marks the first instance of Meta turning to these specific processors, underscoring a strategic pivot towards more advanced AI capabilities within the company.
Mark Zuckerberg, CEO of Meta, expressed enthusiasm about strengthening the collaboration with Nvidia, stating, "We are excited to expand our partnership with Nvidia to deliver superior personalized intelligence to everyone around the world." This partnership reflects Meta's continued investment in AI technology, illustrating its commitment to enhancing user experiences and capabilities through advanced computing power in the evolving tech landscape.
