Updated May 29
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AMD says Meta is testing initial Helios racks, with broader deployment still ahead
AMD’s partnership update separates initial Helios racks installed for testing from existing Instinct production use. A custom GPU and later MI500-series and rack-scale systems remain future plans.
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Meta proposes $35 billion offerings alongside AI infrastructure investment
Meta’s October 26 plan combines proposed common-stock forward and preferred-stock offerings with a separate, uncertain future ATM program. Initial common sales do not give Meta proceeds, and chip-company interest is nonbinding.
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China’s draft AI export controls cover agents and giant models — what the proposal does
China is consulting on export bans and restrictions spanning 40 technologies, including 23 AI entries. The draft could affect sensitive-data models, high-capability systems and agents, but it is not yet a final blanket ban.
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