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Meta strikes up to $100B AMD chip deal as it chases ‘personal superintelligence’; plus, Mogul says it has tracked $1.5B in music royalties

Published 6 months, 1 week ago
Description

Meta is buying billions of dollars in AMD AI chips in a multiyear deal tied to a 160 million-share warrant, deepening its push to diversify beyond Nvidia and expand data center capacity.

Also, Mogul, which helps artists track royalties and value their catalogs, raised $5 million in a round led by the Yamaha Music Innovations Fund.

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