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Benzinga
Benzinga
Business
Namrata Sen

After Tesla, Samsung Eyes Meta Platforms for $6.5 Billion AI Chip Agreement: Report

Tesla Inc. Samsung Foundry Nasdaq Electronics Meta Samsung Anthropic
Melbourne,Australia,-,December,13,,2014:,Samsung,Korean,Electronics,

Meta Platforms Inc. (NASDAQ:META) is reportedly in talks with Samsung Foundry of parent Samsung Electronics Co Ltd. (OTC:SSNLF) for manufacturing its forthcoming AI chips, in a deal valued at over 10 trillion won ($6.53 billion).

Samsung Foundry is likely to be responsible for the production of Meta’s proprietary AI accelerator, “MTIA,” starting from its third generation. The third-generation MTIA will be mass-produced using Samsung Foundry’s advanced 2-nanometer process, reported Seoul Economic Daily on Friday.

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