tech
February 28, 2026
Meta and Google strike AI chip deal
Google and Meta have reportedly reached a multibillion-dollar agreement involving artificial intelligence chips
TL;DR
- Meta has reportedly signed a multibillion-dollar agreement with Google to rent AI chips.
- Meta is also in discussions to directly purchase Google's Tensor Processing Units (TPUs).
- Big Tech firms are facing increased regulatory pressure from both US and European authorities.
- Meta has previously secured AI chip agreements with AMD and expanded its use of Nvidia hardware.
- Meta is investing in new data centers, with a new facility planned in Lebanon, Indiana.
- Similar collaborations are emerging across the sector, such as Microsoft's deepened cooperation with Anthropic and Nvidia, and Amazon Web Services' expanded compute agreements.
- Governments are implementing formal oversight frameworks for AI, including the US requiring safety testing and reporting, and the EU adopting risk-based rules.
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