Meta Platforms ($META) and Broadcom ($AVGO) announced a multi-year partnership to develop custom AI chips, as Meta accelerates its data center expansion and invests in in-house artificial intelligence infrastructure.
- The partnership includes an initial commitment to deploy more than 1 gigawatt of computing capacity, with plans for a multi-gigawatt rollout.
- Broadcom will provide technology to support Meta’s custom Training and Inference Accelerator (MTIA) chips.
- The collaboration extends through 2029 and focuses on scaling hardware for generative AI applications.
- Broadcom CEO Hock Tan will step down from Meta’s board but will continue advising the company.
- Meta recently unveiled four new versions of its MTIA chips as part of its internal AI infrastructure strategy.
- Tech companies are increasingly developing custom chips to reduce reliance on third-party GPUs.
Relevant Companies
- Meta Platforms ($META) – Expanding AI infrastructure through custom chip development and data center investment.
- Broadcom ($AVGO) – Providing key chip design technology in a long-term partnership with Meta.
- Nvidia ($NVDA) – Faces increased competition as companies develop alternatives to its AI GPUs.
Editor’s Note: This is a developing story. This article may be updated as more detail
