Meta Signs $100 Billion AI Power Deal with AMD
Meta Platforms Inc. has signed a multiyear agreement with Advanced Micro Devices Inc. to purchase up to six gigawatts of AI computing power, a deal valued at over $100 billion. This partnership will involve the development of custom processors tailored for Meta's AI workloads, with shipments expected to begin in the second half of 2026. Additionally, Meta has been granted warrants to acquire up to 10% of AMD's stock, contingent on achieving specific milestones related to chip shipments.
European Commission Delays AI Guidelines Again
The European Commission has confirmed that it will miss a second deadline for publishing guidelines on high-risk AI systems, following a missed deadline on February 2, 2026, for a comprehensive list of use cases. This delay, attributed to the broader Digital Omnibus proposal aimed at streamlining digital legislation, has created uncertainty for developers and national authorities as they prepare for compliance under the AI Act, which has strict obligations and timelines approaching.
DJI Sues FCC Over Drone Sales Ban
DJI has filed a lawsuit against the Federal Communications Commission (FCC) in the U.S. Court of Appeals for the Ninth Circuit, challenging a December 2025 ruling that placed the company on the FCC's 'covered list,' effectively banning the authorization and sale of new DJI drone models in the United States. The company argues that the FCC's decision is flawed and lacks evidence of any national security threat posed by its products, claiming it severely restricts DJI's business operations and denies U.S. customers access to newer technology.
Amazon AGI Lab VP David Luan departs company
David Luan, Vice President of Agents and head of Amazon's AGI Lab, is leaving the company less than two years after joining through the acqui-hire of his startup Adept. Luan announced his departure in a LinkedIn post, stating he will focus on developing new capabilities for AI systems, while Peter DeSantis, a 27-year Amazon veteran, will take over his role. During his tenure, Luan led the launch of Nova Act, an AI model adopted by clients including Hertz and 1Password.