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Meta (META) and Google (GOOGL) Forge Multibillion AI Chip Deal Boosting AI Growth Prospects

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The Story

News Summary

  • Meta signed a multibillion-dollar deal to rent Google's AI chips (TPUs) to develop AI models and may buy more for data centers next year, while Google plans a joint venture to lease TPUs to AI clients.
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META price history

682.31 +6.74% over the displayed period

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