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Meta signs multi-billion-dollar deal to rent Google AI chips: Report

Meta Platforms has reportedly secured a multi-billion dollar deal to rent Google's artificial intelligence chips for AI model development. This move follows Meta's recent agreements with AMD and Nvidia for AI chip acquisitions, underscoring the intense industry-wide investment in AI infrastructure. Google is also exploring TPU sales and joint ventures to capitalize on AI demand.

27 Feb 2026 6:28 am