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Meta reaches multibillion-dollar AI chip deal with Google, Information says

Meta Platforms (META) has inked an agreement to rent Google’s (GOOGL) AI semiconductors, known as tensor processing units, to work on new AI models, The Information’s Amir Efrati and Anissa Gardizy report, citing a person involved in the talks. The multi-year pact is worth billions of dollars, the authors note.

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