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.
The agreement creates a model for drivers to be able to organize for increased pay, job protections, and other benefits. In exchange, California regulators say they’ll support legislation to reduce expensive insurance coverage mandates that ride-hailing companies have to pay.
The company’s lawyers blame the driver (who settled with the victims separately) for the crash, and the plaintiffs’ lawyers for “overwhelming” the jury with “irrelevant evidence.”