Meta inks deal with Broadcom for custom AI chips

Meta will work with chip designer Broadcom to produce several ​generations of custom artificial intelligence processors under an expanded ‌deal as the social media giant races to ​build out the computing capacity needed ⁠to power AI features across its apps.

Tuesday’s announcement extends the tie-up until 2029 and includes an initial commitment of over ‌one gigawatt of computing capacity, enough to power roughly 750,000 U.S. homes on average.