Meta Ensures AI Chip Supply Through 2028 and Signs $50M News Deal
Meta customers benefit as Broadcom secures high-bandwidth memory and advanced-node AI chip capacity at TSMC through 2028, ensuring supplier availability for custom ASIC development. Meta also inked a three-year, up-to-$50 million-a-year news licensing pact with News Corp for U.S. and U.K. archives to train its AI models.
1. Broadcom Secures AI Chip Capacity Through 2028
Meta works with Broadcom for custom ASICs and benefits from the locked-in high-bandwidth memory and advanced-node manufacturing capacity at TSMC through 2028, reducing supply risk for its AI infrastructure development.
2. Meta Signs $50M News Corp Licensing Deal
Meta agreed to pay News Corp up to $50 million annually over three years for access to U.S. and U.K. news archives, aiming to enrich and train its AI systems with fresh journalism content.
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