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this post was submitted on 19 Jan 2024
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Chips evolve. By the time a billion dollar contract is fulfilled, they are two iterations behind.
Pretty sure they'll be given insight into the roadmap for that price, and be able to place speculative orders on upcoming generations.
I used to present those roadmaps. They change too.
Of course they do, but my point was that I doubt Meta is locked into this generation.
The article says "by the end. Of the year" they will spend billions
"spend billions" does not equal "hand over cash and take home GPUs". It'll mean a contract worth that amount with delivery terms defined over time. Even over the course of a year there's likely to be newer product than Lovelace.
When you get product you pay for it. Spending means paying for it. You may have a contract for future product, but you don't pay for the future product in advance as SOX rules kick in. Commonly, a chip development cycle can be at least 10 months.