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: Artificial Intelligence is sparking the "largest infrastructure buildout in human history," requiring trillions of dollars in investment and creating massive demand for skilled blue-collar labour, NVIDIA Founder and CEO Jensen Huang has said. In a recent blog post, Huang argued AI has evolved past being a simple application or a single model, and must now be viewed as essential infrastructure akin to electricity and the internet. "We have only just begun this buildout. We are a few hundred billion dollars into it. Trillions of dollars of infrastructure still need to be built. Around the world, we are seeing chip factories, computer assembly plants and AI factories being constructed at unprecedented scale. This is becoming the largest infrastructure buildout in human history," Huang wrote. Huang conceptualised AI as a "five-layer cake" comprising energy, chips, infrastructure, models, and applications. He emphasised that energy forms the foundational layer and remains the "binding
Facebook owner Meta Platforms will buy artificial intelligence chips from Advanced Micro Devices in a deal that will also give it the opportunity to buy up to a 10 per cent stake of the chip company. Meta will buy AMD's latest chips, the MI450, to help power data centres. The 6-gigawatt agreement will see shipments supporting the first gigawatt deployment set to start during the second half of this year. The agreement could potentially be worth more than USD 100 billion. Shares of AMD jumped more than 9 per cent before the market opened on Tuesday. The companies said that AMD issued Meta a performance-based warrant for up to 160 million shares of its common stock at USD 0.01 a piece, structured to vest as long as certain milestones are achieved. The first tranche vests with the initial 1-gigawatt of shipments, with additional tranches vesting as Meta's purchases scale to 6 gigawatts. News of the AMD deal comes just days after Meta announced a long-term partnership where it will us